Sao Paulo — Chile's Anti-Price Distortion Commission (CNDP) said Friday it has decided not to recommend an antidumping duty on imports of rebar from Mexico.

According to CNDP, imports of rebar from Mexico and Turkey have decreased in the studied period between 2012 and 2017, therefore it decided not to impose an AD duty.

The investigation officially started on March 8, after Chilean steel producers CAP Acero and Gerdau requested an antidumping duty of 38.2% on imports of rebar from Mexico in the latest attempt to protect domestic players.

The investigation applied to rebar with notches, cords, furrows or reliefs under HS codes 7213.1000, 7214.2000, 7227.9000 and 7228.3000.

A request was made January 12 with the country's National Economic Prosecutor (FNE) to initiate an investigation.

CAP Acero and Gerdau previously requested in 2015 that CNDP investigate alleged dumping by Mexican producer Deacero and asked the commission to impose a tariff of 27.5%, which was set as preliminary duty of 13.1% in May 2015 and updated for an anti-dumping duty of 9.8% in November of that year.

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Deacero distributes rebar in Chile via local firms Ebema and Fullacero.

Chile has already imposed similar tariffs on steel imported from China, which has taken a considerable part of the Chilean market.

In 2013, CAP Acero closed one of two furnaces at its Huachipato works in southern Chile, blaming high energy prices and cheap Chinese imports for squeezing profits.