Brazil applies final AD duties to high carbon steel wire from China

Monday, 10 July 2017 23:48:43 (GMT+3)   |   Sao Paulo
       

The Brazilian Chamber of Foreign Trade (Camex) concluded an investigation into the imports of Chinese high carbon steel wire, it said on Monday, with the result of applying definite anti­dumping (AD) duties that will be valid for a period of up to five years.

According to a Camex committee, the products subject to the tariffs include high carbon steel wire of high strength, circular section, cold drawing, with smooth or notched surface, low or normal relaxation, or any product following under the HTS codes 7217.10.19 and 7217.10.90.

On November 2016, provisional AD duties on Chinese imports of high carbon steel wire were applied by Camex as follows: $199.19/mt for Silvery Dragon Prestressed Materials Co.; and $505.56/mt for all other producers.

Definitive AD duties for Silvery Dragon will now be $124.33/mt, while all other producers, including Global Overseas Group Co, Tianjin Huashi International Trade Co and Tianjin Shengte Prestressed Concrete Steel Strand Co will pay a $563.77/mt tariff.


Similar articles

Wire rod prices in Taiwanese domestic market - week 13, 2024

29 Mar | Longs and Billet

US domestic wire rod prices still soft

28 Mar | Longs and Billet

Wire rod consumption in Mexico increases 6.5 percent in January

28 Mar | Steel News

Import longs offers in Romania now attractive, local prices stable

28 Mar | Longs and Billet

UAE-based ESA cuts wire rod prices for April despite better demand

28 Mar | Longs and Billet

Asian wire rod market tumbles amid pessimism in China

28 Mar | Longs and Billet

Turkey seeks to raise rebar export offers, demand mostly seen locally

27 Mar | Longs and Billet

Japanese crude steel output down 3.8 percent in February from January

27 Mar | Steel News

Saudi Arabia’s Hadeed keeps local longs prices stable again for April

26 Mar | Longs and Billet

Local Turkish official domestic wire rod prices follow diverse trends

26 Mar | Longs and Billet