Brazil's Usiminas drafts dumping complaint against Chinese CRC, CEO says

Brazilian flat steel producer Usiminas is analyzing whether to request an investigation into possible dumping of imported cold-rolled coil (CRC), chief executive officer Sergio Leite told Fastmarkets on Friday October 26.

Steelmakers and other market participants in Brazil suspect that CRC and also coated steel imports, mainly from China, have entered the country at dumped prices. A potential complaint is still being drafted because, in similar situations in the past, anti-dumping measures have not been applied.

In January this year, foreign trade chamber Camex recognized dumping practices in imports of hot-rolled coil (HRC) from China and Russia. It approved anti-dumping measures but decided not to apply higher import duties due to the “public interest.”...

Published

Felipe Peroni

Renato Rostás

October 29, 2018

14:01 GMT

São Paulo