Brazil launched an anti-dumping investigation on tinned chrome sheet coils against China

Published: Mar 14, 2024 18:46
On March 1, the Foreign Trade Secretariat of the Ministry of Development, Industry, Trade and Services of Brazil issued Announcement No. 9 of 2024, stating that it had initiated an anti-dumping investigation on tinned chrome coils originating in China in response to an application submitted by the Brazilian domestic company Companhia Siderúrgica Nacional on October 6, 2023. The products involved in the case are alloy or non-alloy tinned chrome coils with a thickness of less than 0.5 mm of any width, and the tax codes involved in the South Common City are 7210.12.00, 7210.50.00, etc.

On March 1, the Foreign Trade Secretariat of the Ministry of Development, Industry, Trade and Services of Brazil issued Announcement No. 9 of 2024, stating that it had initiated an anti-dumping investigation on tinned chrome coils originating in China in response to an application submitted by the Brazilian domestic company Companhia Siderúrgica Nacional on October 6, 2023. The products involved in the case are alloy or non-alloy tinned chrome coils with a thickness of less than 0.5 mm of any width, and the tax codes involved in the South Common City are 7210.12.00, 7210.50.00, etc.

On March 1, 2024, the Secretariat of Foreign Trade of the Ministry of Development, Industry, Trade and Services of Brazil (Ministério do Desenvolvimento, Indústria, Comércio e Serviços/Secretaria de Comércio Exterior) issued Announcement No. 9 of 2024, which stated that it should be requested by the Brazilian domestic company Companhia Siderúrgica An application filed by Nacional on October 6, 2023, initiated an anti-dumping investigation against tinned chrome coils (Portuguese: folhas metálicas de aço carbono, ligado ou não ligado, de qualquer largura com espessura inferior a 0,5mm) originating in China. The product involved in the case is an alloy or non-alloy tinned chrome plate coil with a thickness of less than 0.5 mm of any width, involving the tax codes of 7210.12.00, 7210.50.00, 7212.10.00 and 7212.50.90 of the Southern Common City. The dumping investigation period in this case is July 2022 ~ June 2023, and the injury investigation period is July 2018 ~ June 2023. The announcement shall take effect from the date of publication.

The questionnaire will be sent to individual exporters/producers, importers and other domestic manufacturers, and stakeholders should submit their responses through the SEI Electronic Information System (https://www.gov.br/economia/pt-br/acesso-a-informacao/sei/usuario-externo-1) within 30 days of receipt.

Interested parties may request a hearing within 5 months from the date of initiation of the investigation.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
High-Grade NPI Smelter Profits Squeezed as Ore Prices Rise and Sales Prices Dip
4 hours ago
High-Grade NPI Smelter Profits Squeezed as Ore Prices Rise and Sales Prices Dip
Read More
High-Grade NPI Smelter Profits Squeezed as Ore Prices Rise and Sales Prices Dip
High-Grade NPI Smelter Profits Squeezed as Ore Prices Rise and Sales Prices Dip
[SMM Nickel Flash] Based on nickel ore prices from 25 days ago, smelter profits for high-grade NPI remained high this week. However, from the current raw material side, ore prices from both the Philippines and Indonesia increased, while auxiliary material prices saw a slight pullback, leading to an increase in the cash cost of producing high-grade NPI from spot ore. At the same time, high-grade NPI prices experienced some pullback, making it difficult for smelter profits to see sustained improvement.
4 hours ago
High-Grade NPI Prices Fall, Expected to Stabilize as Chinese New Year Approaches
4 hours ago
High-Grade NPI Prices Fall, Expected to Stabilize as Chinese New Year Approaches
Read More
High-Grade NPI Prices Fall, Expected to Stabilize as Chinese New Year Approaches
High-Grade NPI Prices Fall, Expected to Stabilize as Chinese New Year Approaches
[SMM Nickel Flash] This week, due to a sharp decline in futures triggering arbitrage selling, high-grade NPI prices fell significantly. However, after the selling activity subsided, upstream quotations and the market center gradually returned to normal levels, supported by cost factors. Looking ahead, as the Chinese New Year holiday approaches, market activity is expected to remain subdued, and high-grade NPI prices are projected to hover at highs with limited fluctuations.
4 hours ago
Nickel Prices Drop: SMM 10-12% High-Grade NPI Down 17.2 Yuan, Indonesia NPI FOB Index Falls 2.06 $/mtu
4 hours ago
Nickel Prices Drop: SMM 10-12% High-Grade NPI Down 17.2 Yuan, Indonesia NPI FOB Index Falls 2.06 $/mtu
Read More
Nickel Prices Drop: SMM 10-12% High-Grade NPI Down 17.2 Yuan, Indonesia NPI FOB Index Falls 2.06 $/mtu
Nickel Prices Drop: SMM 10-12% High-Grade NPI Down 17.2 Yuan, Indonesia NPI FOB Index Falls 2.06 $/mtu
[SMM Nickel Flash] The SMM average price of 10-12% high-grade NPI fell 17.2 yuan/mtu WoW to 1,035.8 yuan/mtu (ex-factory, tax included), while the Indonesia NPI FOB index average price dropped 2.06 $/mtu WoW to 131.2 $/mtu. At the beginning of the week, futures hit limit-down, and nickel prices fell sharply WoW, driving the emergence of arbitrage supplies sold at low prices, leading to a significant decline in high-grade NPI prices.
4 hours ago