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Kallanish Kallanish

Knowledge matters Knowledge matters

February, 24th 2020

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JAN 21
09:24

Brazil removes duties on Chinese/Russian HRC

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Brazil has removed the anti-dumping measures on imports of hot rolled coil originating from China and Russia. This was announced by the country’s foreign trade chamber, Camex, and published by the Official Gazette, Diário Oficial da União, on 15 January 2020, Kallanish notes.

Measures were first decided in January 2018 for a period of up to five years. Nevertheless, these were not applied in 2018 and 2019 due to public interest.

“Camex recommended the definitive removal of the anti-dumping duties on imports of HRC from China and Russia after any impact on the national economy had not been detected,” according to the trade chamber’s determination. Camex also considered that, in the last two years of suspension of such measures, no relevant changes were recorded in the analysis of previous public interest assessments.

The investigation began in July 2016, following a request from ArcelorMittal, CSN and Gerdau. The steelmakers reported dumping margins of $256.35/tonne for Chinese and Russia-origin coils. The companies involved in the investigation were the Chinese groups Hebei, Bengang, Baosteel and Ma’anshan Iron & Steel Company, as well as Russia’s Severstal.

The investigated flat-rolled products, of alloy or non-alloy steel, are of a width of 600mm or more, hot-rolled sheets with a thickness of less than 4.75mm, or in coils of any thickness. These products are classified under HS 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.