The Chilean government has applied definite, ad-valorem anti-dumping (AD) duties over the imports of Chinese wire rod.
The Chilean government accepted the recommendation of the country’s price distortion commission, CNDP, and has decided to apply definite duties ranging from 28.8 to 38.0 percent over the imports of Chinese wire rod. The duties were effective as of April 22, 2017, and will last for one year.
According to the Chilean government, wire rod imports coming from Benxi Beitai Gaosu Steel Wire Rod Co will pay a 28.8 percent tariff, while imports from Jiangsu Shagang Group Co. Ltd will pay a 30.8 percent duty. All other Chinese exporters will pay a 38.0 percent AD duty.
The Chilean government said the products subject to the levies fall under the local HTS codes: 7213.2000, 7213.9110, 7213.9120, 7213.9190, 7213.9900, 7227.1000, 7227.2000 and 7227.9000. Cold heading quality (CHQ) wire rods were excluded from the AD duties.
Earlier this year, the Chinese companies affected by the duty, which was extended for two months in February, opposed the move in an attempt to prevent the duties from being extended once again. They claimed the Chilean government didn’t use the World Trade Organization (WTO) rules to set the levies.
At the time, Chinese producers, including Benxi Beitai Gaosu Steel Wire Rod Co argued it was “understandable” why Chilean producer CAP Acero did not “play by the WTO rules,” since it was a domestic steel producer.
“There’s a major issue, which has been totally omitted by those representing CAP Acero: the current investigation and the decisions to be adopted as a result of the probe are conducted by rules that should be respected, in that case, by the WTO AD Agreement as well as the Anti-Distortion rules,” said the lawyer representing two Chinese producers, including Benxi Beitai Gaosu Steel Wire Rod Co.