Chile has initiated an official antidumping investigation on imports of Chinese steel grinding balls for minerals and ores. This is according to a document from the Chilean National Commission for Price Distortions (CNDP) monitored by Kallanish.
An investigation by the local authorities has shown that there is sufficient evidence of damage to the domestic production of the said product, with diameters less than four inches classified under HS code 7326.1110.
According to the CNDP, fob export prices to Chile for grinding balls are lower than those for delivery fob Peru. “Cif import prices also do not allow for the coverage of all production costs if compared to the cost of steel bars for ball manufacturing,” the commission says.
The investigation was begun on 8 June following a complaint from the local steelmaker CAP Acero.