Brazil’s steel association, IABr, has opposed a government decision to not apply anti-dumping duties over the Chinese imports of HRC for a year.
Brazil’s foreign trade chamber CAMEX said last week that it found sufficient evidence to impose definite antidumping (AD) duties over the Chinese exports of HRC, however, declined to apply the duties due to public interest reasons.
Despite the approval, the five-year duties will not be imposed for at least one year, CAMEX said at the time.
The products subject to the duties, which have no effect, fall under the HTS codes: 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. The duties range from $196.49/mt to $425.22/mt.
IABr said Brazil’s decision was “contradictory” and “out of reality.”
“Steel producing countries have already adopted commercial defense measures against Chinese and Russian steel products, using the same adequate mechanisms to defend their industry,” IABr said in a statement.
IABR said Brazil’s decision to delay the duties sends a message to other countries that do not compete under fair trade rules that they may continue to send their products to Brazil.