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International Business Times
International Business Times
World
AFP News

Chile Steel Plant Reopens As Tariffs Imposed On Chinese Imports

The Huachipato steel plant, Chile's largest, has become a casualty of cheap Chinese steel imports (Credit: AFP)

Chile's biggest steel plant has resumed activities after the government imposed a temporary tariff on Chinese imports.

The Huachipato plant, which provides 2,700 direct jobs and some 20,000 indirect ones, announced a month ago it was winding down, unable to compete with Chinese steel that sells for about 40 percent cheaper in the South American country.

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