Chilean metal-mechanic industry association, Asimet, said safeguarding duties over other steel goods is needed.
Asimet’s comments follows a recent decision by the Chilean government to apply a definite, ad-valorem safeguarding duty of 38.9 percent over the imports of wire rod, following a recent recommendation of the nation’s price distortion commission, CNDP.
Asimet said the measure could be extended to other steel goods, including wires, nails, mesh and screws.
Not doing so could create space for non-Chilean producers exporting these products at lower prices, which could weaken the Chilean domestic industry.