EU duties make Brazil's HRC exports 'unviable', steel assn says [UPDATE]

The Brazilian steel industry was disappointed by the imposition last week of anti-dumping measures by the European Commission (EC) against imports of hot rolled coil (HRC) from Brazil, national steel industry Aço Brasil said.

[Adds comment from Gerdau] The Brazilian steel industry was disappointed by the imposition last week of anti-dumping measures by the European Commission (EC) against imports of hot rolled coil (HRC) from Brazil, national steel industry Aço Brasil said. The group expected that a minimum import price (MIP) mechanism would be applied, instead of the range of specific fixed prices announced by the EC. The anti-dumping tariffs “make Brazilian HRC exports to the EU unviable, affecting the inter-company operations of Brazil-based mills that have reprocessing units in the EU”, Aço Brasil told Metal Bulletin on Friday October 6. “At a time when the EU and Brazil/Mercosul are negotiating a free trade agreement,...

Published

Ana Paula Camargo

October 10, 2017

20:45 GMT

São Paulo