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Brazil seeks WTO appeal against US duties on Brazilian CRC

Thursday, 15 September 2016 23:58:43 (GMT+3)   |   Sao Paulo
       
Brazil plans to appeal the World Trade Organization (WTO) in a fight against the recently announced determinations by the US International Trade Commission (ITC) in its anti-dumping (AD) and countervailing duty (CVD) investigations over the imports of CRC from several countries, including Brazil, a Brazilian official said this week.
 
Media reports said Brazil’s industry, foreign trade and services (MDIC) minister, Marcos Pereira, asked the nation’s chamber of foreign trade to analyze the case with urgency.
 
“I will defend that position... and I believe the chamber will support it because what the United States is doing is not legal,” Pereira told Reuters in an interview late on Monday.
 
“I believe Camex will approve this,” Pereira said.
 
In July this year, the US Department of Commerce determined that “countervailable subsidies are being provided to producers and exporters of certain cold-rolled steel flat products (cold-rolled steel, or CRS) from Brazil.”
 
As such, imports of CRC from Brazilian steelmakers CSN and Usiminas should pay duties of 11.31 percent and 11.09 percent, respectively.
 
The Brazilian government will also appeal a separate decision by ITC to raise anti-subsidy duties to just over 11 percent on hot-rolled flat steel imports from Brazil, according to a media report.


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