Zhejiang Zhonggang Steel was informed that a document published by the Brazilian Ministry of Industry's Foreign Trade Secretariat (Secex/MDIC) showed that Brazil has officially reviewed the anti-dumping duties imposed on imported Chinese seamless steel pipes.
According to the Brazilian authorities, there is sufficient evidence that the products of the Brazilian NCM Customs Code 7304.19.10 caused damage to domestic production. At the request of the company VallourecSoluções Tubulares do Brasil S.A., Brazil began its investigation in June 2012.
The anti-dumping duty on seamless steel tubes includes carbon steel pipe tubes used in the oil and gas industry, with an outer diameter of more than 141.3 mm but not exceeding 355.6 mm.
According to the resolution, Brazil will continue to impose tariffs on Chinese seamless pipes from US$778.9/ton to US$835.47/ton during the review. The anti-dumping duty has expired on November 4, 2018. MDIC said that the formal investigation should be completed within 10 months.
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