Brazil’s ministry of foreign trade has started an anti-dumping (AD) investigation into the Chinese and Russian imports of HRC, the government said on Wednesday.
The products subject to the investigation were defined as both alloyed and non-alloyed finished flat steel, with a width equal to or greater than 600mm, hot rolled, plates (not rolled) with a thickness inferior to 4.75mm as well as coils of any thickness.
The investigation follows a request from local producers ArcelorMittal Brasil, Companhia Siderurgica Nacional (CSN) and Gerdau.
The ministry said the relative dumping margin for Russian exports of HRC was 74.1 percent. The absolute dumping margin for the Russian product was $247.56/mt.
As for the Chinese exports of the product, relative dumping margin was 49.1 percent, while absolute dumping margin was $256.35/mt.
The resolution was published at the nation’s official gazette, Diario Oficial da Uniao (DOU), following similar other measures by the Brazilian government, such as a recently initiated probe on the Chinese imports of PC strand.
The products fall under the Customs Tariff Statistics Position Numbers 7208.10.00, 7208.25.00, 7208.26.10, 7208.26.90, 7208.27.10, 7208.27.90, 7208.36.10, 7208.36.90, 7208.37.00, 7208.38.10, 7208.38.90, 7208.39.10, 7208.39.90, 7208.40.00, 7208.53.00, 7208.54.00, 7208.90.00, 7225.30.00 and 7225.40.90.