2024-08-14 03:47:38
Asked about this situation, Minister Mario Marcel stated that “Huachipato is not a company on the verge of bankruptcy” and focused his criticism on the work carried out by CAP.
The Huachipato Steel Company (CSH), which requested the definitive closure of its operations, informed the Anti-Distortion Commission (CNDP) that it is desisting from promoting the fiscal surcharges on Chinese steel, which it has requested for months.
In a document signed by the lawyer Benjamín Mordoj, the CAP subsidiary stated that “Siderúrgica Huachipato has been unable to pass on the provisional anti-dumping duties recommended by the CNDP, which made it economically unviable to continue with the steel business in Chile in its current form.”
“In light of the above, and without prejudice to the fact that the investigation was initiated ex officio by the CNDP, Siderúrgica Huachipato The request for this Commission to recommend definitive anti-dumping duties may be withdrawn regarding imports of ball bars originating from Chinese companies,” he said.
Asked about this situation, Minister Mario Marcel stated that “Huachipato is not a company that is on the verge of bankruptcy.” and focused his criticism on the work carried out by CAP, which in other aspects has presented good financial results.
Marcel argued that a company with “good results in recent years, which has many projects for the future and yet, In this process, unfortunately, he has not been able to meet his own projections regarding the continuity of Huachipato.”
“It is regrettable. I think it reminds us that the responsibility towards workers and for the development of a region does not fall only on the Government, but also on the companies that operate in the territory, especially if they are part of economic groups that are solvent and profitable,” he said.