Brazil's government has concluded an anti-dumping probe into Chinese cold-rolled steel, finding that imports were sold at unfairly low prices, harming domestic producers. This has resulted in duties of up to US$670 per tonne. Usiminas, one of Brazil's largest steelmakers, initiated the petition in April 2024.
Brazil's anti-dumping investigation into Chinese cold-rolled steel began in April 2024, when Usiminas filed a petition alleging that Chinese exporters were selling the products below fair value. Usiminas is one of Brazil's largest steelmakers.
After reviewing export prices, cost data, and market share information, investigators concluded there was sufficient evidence of dumping and injury to the domestic industry. A formal probe was opened in August 2024, with Chinese producers and the Chinese government notified and asked to respond to detailed questionnaires.
As a result of the probe, Brazil's government has imposed anti-dumping duties of up to US$670 per tonne on the Chinese steel imports to protect its domestic steel sector from unfair competition.
