Chinese company and a Chilean company challenge steel surtaxes in court: they describe the measure as “illegal” | Economy

Chinese company and a Chilean company challenge steel surtaxes in court: they describe the measure as “illegal” | Economy
Chinese company and a Chilean company challenge steel surtaxes in court: they describe the measure as “illegal” | Economy

Feifan Chile and Magotteaux, a subsidiary of Sigdo Koppers, took legal action against the Anti-Distortion Commission for the imposition of tariff surcharges on Chinese steel.

Feifan Chile and Magotteauxcompanies linked to the steel industry, launched a legal offensive against the decision of the Anti-Distortions Commission to apply tariff surcharges on steel of Chinese origin.

Companies oppose provisional antidumping duties of 24.9% for bars and 33.5% for ball imports of steel.

Following the Commission’s resolution, Feifan and Magotteaux each presented appeals for protection before the Court of Appeals of Santiago.

Feifan Chile, which imports steel balls from China, argues that the tariff surcharge is “illegally and arbitrarily imposed“, which leaves her”completely off the market” and violates its constitutional guarantees.

According to Feifan, the investigation was carried out against the rule of lawdiscriminating against Chinese producers and importers.

Feifan also criticized the Government, alleging that the majority of the members of the Commission have acted in a partial mannerfavoring the national steel industry.

“Extremely partial procedure”

For his part, Magotteaux described the situation as a “extremely partial procedure“, arguing that the decision was adopted as requested by a particular company.

Magotteaux also criticized the corruption of the antidumping institutions, alleging that “to protect a particular company” instead of “correcting possible distortions in international trade.”

The Magotteaux group has been active in Chile since 1992, locally producing, importing and marketing forged steel balls for grinding. In 2019, it partnered with Chinese private company Jiangyn Xingcheng Special Steel Works Co., Ltd, forming a joint venture in China.

Santiago Ried, a partner at Dentons, is Magotteaux’s legal representative; while Pedro Rencoretpartner at Pellegrini & Rencoret, advises Feifan.


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