Brazil imposes anti-dumping duties on Chinese steel

The Brazilian government has imposed anti-dumping duties on a broad range of Chinese steel products, after an investigation launched in 2024 found that the imported steel was being sold at unfairly low prices, harming domestic manufacturers. The investigation was launched in response to a complaint by one of Brazil’s largest steel producers, Usiminas, which cited unfair trade practices by Chinese companies. The duties approved by Brazil’s foreign trade committee will remain in place for five years and ra ...