Government investigates existence of dumping in carbon steel wire rod exports

According to a circular, the investigation is being opened because sufficient evidence has been presented indicating the practice of dumping in exports and the resulting damage to the domestic industry. The analysis of the evidence of dumping considered the period from July 2023 to June 2024. The period for analyzing injury covered July 2019 to June 2024.

The circular states that wire rod is a raw material used in the production of various types of products, such as general-purpose wires, steel wool wires, fasteners (nuts, bolts, studs), suspension components (coil springs, shock absorber rods, stabilizer bars, clamps), forging, tire cord (steel cord and bead wire), cables, white goods, ball pins, electrical hardware, hydraulic and pneumatic fittings, bars for mechanical construction, electrodes and MIG welding. It also has applications in agriculture, the furniture industry, civil construction, and clips commonly used in the packaging and stationery industries.

Source: Valor Econômico

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