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wiredInUSA - August 2016
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INDEX
Brazil’s foreign trade ministry has begun
an antidumping investigation of imports
of steel wire from China. The petition
was requested by Brazilian steel wire
producer Belgo Bekaert, a joint venture of
steelmakers ArcelorMittal and NV Bekaert.
The product under investigation is high
strength, circular section high-carbon
steel wire with either smooth or notched
surfaces, typically identified under HS
codes 7217.10.19 and 7217.10.90, the
ministry confirmed.
The ministry considered $1,070.49 per
tonne to be a normal export value,
compared with Chinese export prices of
$623.65 per tonne. “The verified dumping
margin [$446.84 per tonne] shows the
evidence of dumping in exports of
China’s steel wires to Brazil from January
to December 2015,” the ministry said in a
statement.
Wire dumping
investigation
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