The Ministry of Productive Development determined the existence of dumping in export operations to Argentina of central heating boilers originating in Italy and Slovakia, for which it imposed a definitive anti-dumping duty of 57% and 24% for five years. respectively, on FOB export values.
This is what he did through the Resolution 122 / 2020 published this Thursday (26.03.2020/XNUMX/XNUMX) in the Official Gazette, which specified that they are including boilers with a capacity of less than or equal to 200.000 kilocalories per hour, except electric and pellet boilers.
The investigation was opened as a result of the Application submitted in 2018 by the firms Acquaterm and PEI, for alleged dumping.
In January of this year, the Ministry of Foreign Trade determined the existence of dumping practices for the operations analyzed.
Last February, the National Commission for Foreign Trade held that "the quantities of boilers imported from the investigated origins and their increase, both in absolute terms and relative to national production and apparent consumption throughout the period, generated unfavorable competitive conditions for the national product compared to the imported product investigated."
He indicated that these unfavorable conditions "caused a deterioration in volume indicators as well as a loss of market share by the national industry, as well as a deterioration in the profitability of the main product marketed by the companies in the survey."
He concluded that "there are indications that the national production branch had to give up profitability to mitigate the loss of market share and is suffering significant damage."
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