Brazil applies definite AD duties on Chinese flat bar imports

Monday, 28 November 2016 00:38:53 (GMT+3)   |   Sao Paulo
       

Brazil's Chamber of Foreign Trade (Camex) concluded a probe and then applied a definite anti-dumping (AD) duty on Chinese flat bar imports, it announced on Monday.
 
Chinese producers will pay a definite $495.73/mt duty, which is valid for a period of five years.
 
Chinese flat bars producers paying the levy include Tianjin Qiangbang Industrial Colt, Jiangyin Xingcheng Special Steel Works Co, Daye Special Steel Co, Circle Four Metal Materials Company Limited and Shanghai East Steel Im. & Ex. Co.
 
According to the Brazilian government, the products subject to the $495.73/mt tariff include those finished, stretched, extruded or hot flat bars, which are not silicon-manganese based or pass through a quick cut process.
 
The products subject to the levy may also have a thickness equal or superior to 4.5mm, but not superior to 60mm, width equal or superior to 50mm, but not superior to 150mm.
 
The products subject to the tariff fall under the HTS code 7228.30.00.

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