The Chilean price distortion commission, CNDP, said it will not recommend anti-dumping (AD) duties over the imports of Mexican rebar, following a request from domestic producers CAP Acero and the former Gerdau’s Chilean subsidiary, Gerdau AZA.
As a result, CNDP has also concluded an AD investigation over the imports of Mexican rebar, mainly from Deacero. CNDP has the power to either recommend or reject AD duties. The nation’s ministry of finance is the authority imposing tariffs or duties when it is recommended to do so.
CNDP said the information available does not allow it to determine the existence of damage or a threat to Chile’s domestic rebar market.
The products that were subject to the AD investigation fall Chilean HTS codes 7213.1000, 7214.2000, 7227.9000 and 7228.3000. Deacero is Mexico’s only rebar exporter to Chile.
In late 2016, CNDP had set a definite anti-dumping (AD) duty over the Mexican imports of rebar. At the time, Mexican imports of rebar paid an ad-valorem, definite tariff of 9.8 percent for a one-year period from September 17, 2016. The AD duties set in 2016 replaced a previous resolution in which Mexican rebar was paying a provisional ad-valorem 11 percent tariff.