Brazil paper maker Suzano says U.S. set anti-dumping tax
SAO PAULO Aug 20 (Reuters) - Brazilian paper and pulp maker Suzano Papel e Celulose SA said on Thursday the U.S. Department of Commerce had set a preliminary anti-dumping tax of 33.09 percent against the company, affecting its ability to export uncoated folio and cut-size paper.
The U.S. is investigating the impact of importing certain types of paper from Australia, Brazil, China, Indonesia and Portugal on U.S. industry, Suzano said.
The company said the decision was preliminary and anti-dumping fees would be deposited as collateral until the investigation is complete. Suzano said it believed it had sold products at a fair value in the United States. (Reporting by Caroline Stauffer; Editing by Alan Crosby)
© Thomson Reuters 2016 All rights reserved.