Government anti-dumping investigation found Chinese imports were being sold at unfairly low prices, harming domestic producers

The steel investigation began in April 2024 after Usiminas, one of Brazil’s largest steelmakers, filed a petition alleging that Chinese exporters were selling cold-rolled products below fair value.

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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.

Source: News - South China Morning Post