Steel Associations From Six Latin American Countries Join to Urgently Request Their Governments to Ensure Fair Trade in the Region
07/15/2015 - On 13 July, eight national and regional associations of the Latin American steel industry published in newspapers of Argentina, Brazil, Chile, Colombia, Mexico and Peru, an Open Letter that calls governments of the region to act urgently to ensure level playing field for steel trade, particularly with China.
The Open Letter, signed by the Latin American Steel Association (Alacero), the Argentine Chamber of Steel, the Brazil Steel Institute (Aço Brasil), Alacero Chile, Fedemetal Chamber and the Colombian Committee of Steel Producers at ANDI, the Mexican Iron and Steel Industry Chamber (CANACERO), and the National Society of Industries (Metal-Mechanic Committee) of Peru, alerts that the subsidized steel arriving from Chinese SOEs -in conditions that do not comply with the rules of the WTO- is threatening thousands of Latin American jobs and displacing domestic producers.
Emphasizing that the steel industry in Latin America favors fair competition on a level playing field, it request governments to take action urgently and with a holistic approach:
Read the complete Open Letter here.
Emphasizing that the steel industry in Latin America favors fair competition on a level playing field, it request governments to take action urgently and with a holistic approach:
- Customs: effective inspection to prevent smuggling and evasion of antidumping duties.
- Quality standards: Same standards and requirements for the domestic industry and imports.
- Unfair Trade: Apply timely and efficiently all instruments provided by the WTO.
- Commercial Diplomacy: Compel China and its SOEs to operate under market conditions.
- WTO: China should NOT be recognized as a market economy. The existence of steel overcapacity
- confirms that it remains a centrally planned economy.
Read the complete Open Letter here.
