Chilean steelmaker CAP Acero will continue fighting to protect the nation’s steel industry, a company executive said this week, adding that it would continue requesting the country’s price distortion commission, CNDP, to apply duties on the imports of certain types of steel.
CAP Acero has requested Chile’s CNDP to apply safeguarding duties on imports of wire rod. It has also, along with local producer Gerdau, asked the commission to apply a 27.5 percent tariff over the imports of rebar from Deacero.
The Mexican long steel producer responded to CAP Acero’s and Gerdau’s claims by saying it was suffering “restrictive behaviors” in terms of competition from the two steelmakers.
Deacero said the arguments used by the two local steelmakers were “deceptive” and just aim to “confuse” the commission.
“We’re convinced CAP Acero can fight the unfair competition arising everywhere … Everything we’re trying to do is taking the subsidies out, we’re not looking to establish a barrier,” said the group’s general manager, Fernando Reitich.