Brazil’s government has launched an anti-dumping investigation into imports of hot-rolled stainless steel flat products from China, India, and Indonesia. The probe follows a formal complaint submitted by domestic producer Aperam Inox América do Sul S.A. in October 2024, and covers the period from July 2023 to June 2024, with an extended injury analysis spanning July 2019 to June 2024. After reviewing the evidence, Brazil’s Secretariat of Foreign Trade (SECEX) concluded there is sufficient indication of dumping practices causing harm to the local industry.
The products under investigation include coils and sheets with thicknesses ranging from 2 mm to 50.8 mm, classified under various Mercosur Common Nomenclature (NCM) codes. SECEX’s preliminary findings suggest a causal link between dumped imports and injury to domestic producers, paving the way for deeper analysis and potential trade remedies. The probe reflects broader concerns over rising stainless steel imports undermining Brazil’s industrial competitiveness and market stability.
This move aligns with a global trend of increasing scrutiny of Asian steel exports, particularly amid oversupply concerns and rising trade protectionism. Brazil’s investigation could lead to new tariffs or import restrictions, depending on final findings from the ongoing proceedings.
