Brazil conducts final countervailing ruling on hot rolled steel plate from China
2018-06-26 15:35:04 [Print]
On May 21, 2018, Ministry of Industry and Foreign Trade Service of Brazil issued its announcement No
On November 21, 2016, Ministry of Industry and Foreign Trade Service of Brazil released its announcement No.69 in 2016, and initiated countervailing investigation on hot rolled steel plate originating in China in response to application lodged by Brazilian companies ArcelorMittal Brasil S . A . , Companhia Siderurgica Nacional and Gerdau Acominas S . A . on September 5, 2016 . The investigation period of subsidy was from January to December 2015, and the analysis period of injury was from January 2013 to December 2015 . On September 25, 2017, it issued the announcement No . 50 in 2017, making preliminary countervailing determination on hot rolled steel plate originating in China, and extended the investigation period of the case without temporary countervailing measures imposed on the involved product for the time being.
. 34 in 2018 and decided to make final countervailing determination on hot rolled steel plate originating in China, believing that the involved product from China was subsidized and it would levy 5-year countervailing duty (details in below table) . However, it would not take countervailing measures temporarily considering the public interest . The determination took effect when the announcement was released. Involved product was alloy/non-alloy hot rolled steel plate whose width was no less than 600mm and thickness (excluding steel coils) was less than 4 . 75mm (random thickness for steel coils) under MERCOSUR Tariff codes 7208 . 10 . 00, 7208 . 25 . 00, 7208 . 26 . 10, 7208 . 26 . 90, 7208 . 27 . 10, 7208 . 27 . 90, 7208 . 36 . 10, 7208 . 36 . 90, 7208 . 37 . 00, 7208 . 38 . 10, 7208 . 38 . 90, 7208 . 39 . 10, 7208 . 39 . 90, 7208 . 40 . 00, 7208 . 53 . 00, 7208 . 54 . 00, 7208 . 90 . 00, 7225 . 30 . 00 and 7225 . 40 . 90.
On November 21, 2016, Ministry of Industry and Foreign Trade Service of Brazil released its announcement No.69 in 2016, and initiated countervailing investigation on hot rolled steel plate originating in China in response to application lodged by Brazilian companies ArcelorMittal Brasil S . A . , Companhia Siderurgica Nacional and Gerdau Acominas S . A . on September 5, 2016 . The investigation period of subsidy was from January to December 2015, and the analysis period of injury was from January 2013 to December 2015 . On September 25, 2017, it issued the announcement No . 50 in 2017, making preliminary countervailing determination on hot rolled steel plate originating in China, and extended the investigation period of the case without temporary countervailing measures imposed on the involved product for the time being.