Issuance of the Technical Notice: High Carbon Steel Wire Imports from China
The Brazilian Government published today, on November 04, 2016, a notice on the preliminary determination on the antidumping investigation on exports of high carbon steel wire originating from China, classified under Mercosur Common Nomenclature (tariff code) 7217.10.19 and 7217.10.90.
According to the notice, the preliminary determination was positive, meaning that, according to the Brazilian Department of Trade Remedies (DECOM – Departamento de Defesa Comercial) there was a causal relation between the imports from China and the alleged injury inflicted to the national industry during the period of investigation. The application of these duties requires an approval of the Chamber of Foreign Trade (CAMEX – Câmara de Comércio Exterior).
If approved by CAMEX, the application of preliminary duties will be reported at Sidera’s webpage.