Brazil’s ministry of industry, foreign trade and commerce (MDIC) made a preliminary recommendation to impose anti-dumping (AD) duties on imports of flat finished, non grain-oriented (NGO) electrical steel imports from South Korea, Taiwan and China under the scope of the sunset review initiated in July 2018.
The products subject to the ongoing investigation fall under Mercosur HTS codes 7225.19.00 and 7226.19.00.
Despite the preliminary recommendation for AD duties, MDIC did not set specific levies.
Existing definite AD duties stand at $90/mt for Chinese producers, including Baoshan Iron & Steel Co. Ltd, China Steel Corporation, Posco, Shougang Group, SK Networks Shangai Co, among others, at the range of $90-132.50/mt for South Korean and at $132.50/mt for Taiwanese companies.
MDIC said it expects to issue a final decision on the matter on February 2019.