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Brazilian steel industry increases efforts against imports of Chinese steel-2024第二十四届广州国际激光设备、钣金工业展览会-巨浪展览- 2024 China(Guangzhou) Int’l Laser Equipment and Sheet Metal Industry Exhibition
1/8/2024 钣金工业展-激光设备展-sheet metal expo-Laser expo |
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In a two-front action, Brazilian steel producer CSN and the Brazilian steel institute, lABr, are working with locaauthorities on alternatives to reduce the imports of steel products from China, at alleged dumping prices.In December, CSN asked the foreign trade authority SECEX to increase, from today''s 10.8 percent to 16 percent, theimport tax for foil and pre-painted steel products.
Meanwhile, lABr remains asking the authorities the imposition of a 25 percent import tax for all steel productsproduced in China.
According to the local press. IABr maintains expectations of having immediately a meeting with the authorities todiscuss the import tax increase. ABr claims that the Brazilian steel producers have lost 1.0 milion mt of domesticsales to Chinese imports in 2023.
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