Chinese steel hit with duties up to US$670 per tonne after Brazil dumping probe

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.

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.