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Brazil applies AD duties on Chinese imports of high carbon steel wire

Tuesday, 29 November 2016 00:30:45 (GMT+3)   |   Sao Paulo
       
Brazil's Chamber of Foreign Trade (Camex) applied provisional anti-dumping (AD) duties on Chinese imports of high-grade carbon steel wire, it announced this week, after concluding an AD probe over the products.
 
Chinese producers and exporters will pay a tariff ranging from $199.19/mt to $505.56/mt; the duties are valid for a period of six months.
 
The products subject to the tariffs include high-carbon steel wire of high strength, circular section, cold drawing, with smooth or notched surface, low or normal relaxation, or any product following under the HTS codes 7217.10.19 and 7217.10.90.
 
Silvery Dragon Prestressed Materials Co will pay a $199.19/mt tariff, while all the other producers, including Global Overseas Group Co, Tianjin Huashi International Trade Co and Tianjin Shengte Prestressed Concrete Steel Strand Co will pay the $505.56/mt levy.

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