The Brazilian industry and foreign trade ministry's commerce chamber, Camex, has announced that it has decided to exempt South Korea-based Samsung C&T from the antidumping (AD) duty on non-grain-oriented (NGO) electrical steel imports from South Korea, Taiwan and China.
Camex has found that Samsung C&T is not a producer of non-grain-oriented (NGO) electrical steel, but is defined as a trading company.
As SteelOrbis previously reported, in July 2013 Camex imposed an antidumping duty rate range between $132.50 and $567.16 per metric ton of the product in question from the abovementioned countries.
The products subject to the antidumping duty are classified under Harmonized System Code Numbers 7225.19.00 and 7226.19.00.