Brazil has extended the conclusion of its antidumping investigation on imports of carbon steel heavy plate from China, Ukraine, South Africa and South Korea for up to 2 months as from 2 August. This is according to a document from the local foreign trade secretariat of the Brazilian Ministry of Industry (Secex/MDIC) monitored by Kallanish.
Brazilian authorities note that there is sufficient evidence of damage to domestic production if duties on the said products are not extended. The duties on plate covered carbon steels over 4.75mm thick and over 600mm wide classified under the Brazilian ‘Nomenclatura Comum do MERCOSUL’ (NCM) code as 7208.51.00 and 7208.52.00.
The investigation was originally launched following a request from local producer Usiminas.
The measures were first imposed in October 2013. According to the decision, Brazil applied duties for Chinese origin heavy plate of $211.56/tonne, while Ukrainian origin imports were at $261.79/t. Tariffs for plates form South Africa and South Korea were at $166.63/t and $135.84/t, respectively.