Title: Siderúrgica Huachipato Appeals Anti-Distortion Commission Resolution – Latest Updates and Efforts to Ensure Fair Competition

2024-04-03 19:37:07

From the company they affirm that they will present different antecedents to reverse the Commission’s resolution. “We are not asking for subsidies or bailouts. Huachipato has the capacity to be profitable in a competitive environment,” said the interim general manager of the Steel Company, Jean Paul Sauré.

Within hours of the deadline: The Siderúrgica Huachipato confirmed that it will appeal to the Anti-Distortion Commission and will insist on surcharges on Chinese steel, higher than those already officially published.

Let us remember that the deadline for present new background before the Commission expires this Thursday. In this way, the company based in Talcahuano, Bío Bío region, seeks to reaffirm the need to impose taxes of 25% on steel imports from Chinain an attempt to make operations viable and thus avoid the impact of more than 20 thousand direct and indirect jobs.

As detailed in a statement, the company reaffirms that the levels requested “are those that could level the playing field and ensure fair competition,” so they will present arguments. “legal, technical and economic” to reverse the resolution.

We are not asking for subsidies or bailouts. Huachipato has the ability to be profitable in a competitive environment“said the interim general manager of the Siderúrgica, Jean Paul Sauré.

Deputies held an extraordinary session due to crisis in Huachipato

This Tuesday, during an extraordinary session of the Chamber of Deputies to analyze the Huachipato crisis, parliamentarians sued the Government a solution that reverses the closure of the industry.

In addition, the parliamentarians analyzed the economic impact, on employment and local development, of the closure of the Huachipato Steel plant.

On the initiative of the deputy Marlene Pérezfrom all benches raised concerns with the Government about the impact of this crisis resulting from the unfair competition of the Chinese industry.

The environmentalist deputy for the area, Felix Gonzalezpointed out that “The closure of Huachipato would be an economic disaster for our region”.

For his part, his pair Johannes Kaiserfrom the Christian Social Committee and Independents bench, criticized that in Chile there are no 25% safeguards that the United States and Europe have.

They ask the government to accelerate measures

In the session 15 parliamentarians intervenedwho requested that the government accelerate measures to support the company and its workers, placing emphasis on considering surcharges of 25 percent for steel bars and 33 percent for balls.

Deputy Leonidas Romeroheaded to the Minister of Economy, Nicolás Graupresent in the room, and PS senator, Gastón Saavedrawho was authorized by the room to present.

Workers from Siderúrgica Huachipato march through the center of Concepción | Archive | Rodrigo Fuica | UNO Agency

Grau points out that the Government has not been indifferent to the Siderúrgica’s situation

Summoned by all those who intervened, the minister Nicolás Grau pointed out that the Government has not been indifferent to the situation that affects the company and that they have acted consistently with seeking a solution to the conflict.

“If one listens to the company, what has to happen here is that antecedents are presented that support this idea: On the one hand, they demonstrate that dumping exists, and antecedents are also presented that demonstrate that the level of dumping that the company argues, “It is in line with what it requires to be viable,” he stated.

For his part, the deputy Eric Aedohead of the DC bench, requested by letter from the Ministry of Economy to know the financial statements of Siderúrgica Huachipato.

IN this regard, he indicated that it is essential that all the company’s accounting information is available.

Last Thursday at mid-afternoon, Moly Copwhich manufactures steel grinding balls, confirmed that it will appeal to the Commission to set higher anti-dumping duties for products of Chinese origin.

When consulted by Radio Bío Bío, they responded that are preparing to present it within the deadline.

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