IREPAS - International Rebar Producers and Exporters Association » CAP Acero

Chile sets definite antidumping duties on wire rod imports from China

Irepas — Tue, 09 May 2017 20:55:03 +0000

The Chilean government has applied definite, ad-valorem anti-dumping duties over the imports of Chinese wire rod.

The Chilean government accepted the recommendation of the country’s price distortion commission, CNDP, and has decided to apply definite duties ranging from 28.8 to 38.0 percent over the imports of Chinese origin wire rod. The duties were effective as of April 22, 2017, and will last for one year.

According to the Chilean government, the anti-dumping duties will be implemented as follows:

Benxi Beitai Gaosu Steel Wire Rod Co : 28.8 percent
Jiangsu Shagang Group Co. Ltd : 30.8 percent
All other Chinese exporters will pay a 38.0 percent duty.

The Chilean government said the products subject to the levies fall under the local HTS codes: 7213.2000, 7213.9110, 7213.9120, 7213.9190, 7213.9900, 7227.1000, 7227.2000 and 7227.9000. Cold heading quality (CHQ) wire rods were excluded from the anti-dumping duties.

Antidumping duty requested on Deacero’s rebar exports to Chile

Irepas — Thu, 11 Feb 2016 22:24:10 +0000

Chile’s CAP Acero and Gerdau requested that the Chilean price distortion commission, CNDP, investigate antidumping practices over the imports of rebar from Mexican producer Deacero, according to a document filing published at the nation’s Diario Oficial, Chile’s official gazette.

According to the filing, Deacero exported rebar to Chile at lower prices. CNDP used ex-works export prices from Monterrey as well as effective export prices as a base for comparison. Media reports this week added the two companies, CAP Acero and Gerdau, are claiming a 27.5 percent tariff over the imports of the Mexican product.

Chilean press said Turkish imports are also being sold to Chile at lower prices, but so far none of the companies have requested AD investigations over the Turkish origin steel exports to Chile.

Chilean producer applies for antidumping investigation against wire rod imports from China

Irepas — Wed, 09 Sep 2015 17:05:28 +0000

According to media reports, Chilean steel producer CAP Acero has requested the nation’s price distortion commission, CNDP, to start antidumping investigations on the imports of wire rod from China.

The Chilean producer reportedly blamed the Chinese imports of the product for the “damages” it has caused to the local steel industry, as wire rod imports from China have reached “significant volumes”. According to same media reports, CAP Acero said it wants to prevent more damages to the local steel industry. In its request to CNDP, CAP Acero argued that China was the world’s main wire rod exporter in 2014, selling 11 million mt of the product overseas, while Chilean imports of the steel from the Asian country have increased five times in the 2011-2015 period.

CAP Acero stopped its flat steel production and idled a blast furnace in June 2013, as a result of the competition with the imported steel and due to the decline of steel prices. CAP Acero said the current “distortions” in the long steel market, such as in the case of wire rod, threatens the sustainability of its operations.