Brazil has extended the conclusion of its anti-dumping investigation on imports of flat rolled alloy silicon steel originating from China, South Korea and Taiwan for up to two months commencing 16 May 2019. 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 there is sufficient evidence of damage to domestic production if duties of the said products are not extended. These are classified under Brazilian ‘Nomenclatura Comum do MERCOSUL’ (NCM) code as 7225.19.00 and 7226.19.00.
Compensatory quotas were first imposed on July 2013 at between $132.50/tonne and $567.16/t, but these were amended on 5 November 2015 to between $90/t and $132.50/t. Anti-dumping measures expired on 17 July 2018, but these will remain in effect during the on-going review.
The official investigation was requested by local Aperam Inox América do Sul.