WORLD TRADE
ORGANIZATIONG/SG/N/6/CHL/8
G/SG/N/9/CHL/5
12 April 2002
(02-2036)
Committee on Safeguards Original:  Spanish
NOTIFICATION UNDER ARTICLE 12.1(a) OF THE AGREEMENT
ON SAFEGUARDS ON INITIATION OF AN INVESTIGATION
AND THE REASONS FOR IT
INFORMATION TO BE NOTIFIED TO THE COMMITTEE WHERE A
 SAFEGUARD INVESTIGATION IS TERMINATED WITH
NO SAFEGUARD MEASURE IMPOSED
CHILE
The following communication, dated 10 April 2002, has been received from the Permanent
Mission of Chile.
_______________
Further to the notification in document G/SG/N/6 /CHL/7 of the initiation of an investigation
into certain steel products, I hereby inform you that the Commission on Distortions - the Chileaninvestigating authority -, at its meeting No. 256 on 26 March 2002, decided to terminate the safeguard
investigation into imports of these steel products, without recommending the application of safeguard
measures.
Please also find attached the notification by Chile, pursuant to Article 12.1(a) of the
Agreement on Safeguards, to the effect that the Chilean investigating authority,  at its meeting
No. 256 on 26 March 2002, decided - in the light of the events currently affecting the global steel
market - to initiate ex officio a safeguard investigation into imports of certain steel products. Thisinvestigation was initiated on 5 April 2002, the date of publication of the related notice in the Chilean
Official Journal.G/SG/N/6/CHL/8
G/SG/N/9/CHL/5
Page  2
1. Specify the date when the investigation was initiated .
The investigation was initiated on 5 April 2002, the date of publication in the Chilean Official
Journal of the notice of initiation by the investigating authority
2. Specify the products subject to the investigation .
In the light of the information compiled for the previous investigation in this field, initiated on
28 December 2001 (document G/SG/N/6/CHL/7) and terminated on 26 March 2002 without anysafeguard measures being imposed, and the resulting analysis of the like or directly competitive nature
of the domestic and imported products, the products currently under investigation are:
1) Coils, hot-rolled, pickled , classified under tariff heading 7208.2600; 2) Coils, hot-rolled,
pickled , classified under tariff heading 7208.2700, of a thickness of 1.8 mm or more and a width of
1070 mm or less; 3) Coils, hot-rolled , classified under tariff heading 7208.3600, of a thickness of up
to 12 mm; 4) Coils, hot-rolled , classified under tariff heading 7208.3700, of a width of 1070 mm or
less; 5)  Coils and sheets, hot-rolled , classified under tariff headings 7208.3800 and 7208.5300,
respectively; 6) Coils and sheets, hot-rolled , classified under tariff headings 7208.3900 and
7208.5400, respectively, of a thickness of 1.8 mm or more; 7) Coils and sheets, cold-rolled (cold-
reduced) , classified under tariff headings 7209.1600 and 7209.2600, respectively, of a thickness of up
to 1.9 mm; 8)  Coils and sheets, cold-rolled (cold-reduced) , classified under tariff headings
7209.1700 and 7209.2700, respectively; 9) Coils and sheets, cold-rolled (cold-reduced) , classified
under tariff headings 7209.1800 and 7209.2800 respectively, of a thickness of 0.35 mm or more;
10) Flat-rolled products,  plated or coated with tin, in coils or sheets,  classified under tariff
heading 7210.1200, of a thickness of between 0.18 mm and 0.35 mm; 11) Flat-rolled products,
plated or coated with aluminium-zinc alloys, in coils or sheets , classified under tariff heading
7210.6100, of a thickness of between 0.35 mm and 0.80 mm and a width of 1000 mm or less; 12)
Milling bars and rods , classified under tariff heading 7228.3000, measuring between 25.4 mm and
101.6 mm in diameter; 13) Concrete-reinforcing bars and rods , classified under tariff headings
7213.1000 and 7214.2000 respectively, measuring between 8 mm and 36 mm in diameter; 14) Bars
and rods , classified under tariff headings 7213.9110, 7213.9120 and 7213.9190, measuring 5.5 mm
or more in diameter; 15) Bars and rods of rectangular (other than square) cross-section , classified
under tariff heading 7214.9100, of a thickness of between 3 mm and 12 mm; 16) Other bars and
rods other than of rectangular cross-section , classified under tariff heading 7214.9900: of circular
cross-section, measuring between 6 mm and 38 mm in  diameter; of square cross-section, with sides
measuring between 10 mm and 25 mm; of hexagonal cross-section, the distance between the faces
measuring from 19 mm to 31.8 mm; bars and rods with concave grooves in the faces and roundededges ("star-shaped" cross-section) and sides measuring between 10.5 mm and 12.5 mm;
17) L sections , classified under tariff heading 7216.2100, of a height of between 20 mm and 65 mm;
and 18) L sections, classified under tariff heading 7216.4000, of a height of 80 mm.
The 2002 Customs Tariff breaks down former tariff heading 7213.9100, corresponding to
Bars and rods, into three tariff headings: 7213.9110, 7213.9120 and 7213.9190. These will be covered
by product description No. 14.
3. Provide the reasons for the init iation of the investigation.
The investigation was initiated ex officio  following the unanimous decision taken in the light
of events currently affecting the global steel market by the investigating authority on the basis of the
emergency measures adopted in recent weeks by a group of producer countries, the implications of
which on the domestic industry can not yet be fully appreciated, and the market data compiled to dateG/SG/N/6/CHL/8
G/SG/N/9/CHL/5
Page 3
within the framework of the investigation initiated on 28 December 2001 and terminated, without any
measures being imposed, on 26 March 2002.
The domestic industry  is made up of the firms Compañía Siderúrgica Huachipato and
Gerdau AZA S.A. These companies are representative of the domestic industry.
Findings relating to imports and injury:  An increase in imports both in absolute terms and
in relation to the domestic industry and signs of injury or threat of injury to production, domestic
prices and employment.
4. Other information (as contained in the notice of the initiation of the investigation published
in the Official Journal):
Period of the investigation:  The final resolution will be adopted within 90 days from the
initiation of the investigation.
Public hearing:  To be held on 11 June 2002, at 9.30 a.m., at Agustinas 853, 12th floor,
Santiago.  Parties wishing to appear at the hearing should apply in writing to the Technical Secretariat
up until the third working day prior to the date fixed for the hearing.
Any information which the interested parties may wish to submit and any request for a
hearing before the Commission that they may wish to put forward should be submitted within 30 days
following the initiation of this  investigation to the Technical Secretariat, Huérfanos 1175, 4th floor,
Central Bank of Chile, Tel:  670-2765, Fax:  671-1881.  Any additional information may be consulted
at the Technical Secretariat.G/SG/N/6/CHL/8
G/SG/N/9/CHL/5
Page 4Imports of the Products Under In vestigation (Full Tariff Headings)
For the Period 1997-2001 and January-February 2001-2002
(Value in Thousands of US$ CIF - Quantity in Tonnes)
1997 1998 1999 2000
Tariff Heading Product Description Value Quantity Price Value Quantity Price Value Quantity Price Value Quantity Price
72082600 1.- FLAT-ROLLED COILS,
HOT-ROLLED, PICKLED        181         459    394         508      1,787    284       279      1,239    225      1,638      5,559    295
72082700 2. FLAT-ROLLED COILS,
HOT-ROLLED, PICKLED     1,135      3,682    308         345      1,136    304    1,752      8,192    214     10,559     35,541    297
72083600 3.- FLAT-ROLLED COILS,
HOT-ROLLED, OF A
THICKNESS OF >10 MM        263         643    409         201         628    320         36         144    248           -           -  -
72083700 4.- FLAT-ROLLED COILS,
HOT-ROLLED, OF A
THICKNESS OF >=4.75 MM     7,167     22,595    317      7,361     24,295    303    2,331     10,671    218      2,722      9,548    285
72083800 FLAT-ROLLED COILS, HOT-
ROLLED, OF A THICKNESS
OF >=3 MM BUT LESS THAN
4.75 MM     8,154     25,915    315      5,725     19,061    300    2,728     12,745    214      2,423      8,758    277
72085300 SHEETS, HOT-ROLLED, OF A
THICKNESS OF >=3 MM BUT
LESS THAN 4.75 MM        326         926    352         418      1,081    387       523      2,262    231         807      2,710    298
5.- Coils and sheets, hot-rolled      8,479     26,841    316      6,144     20,143    305    3,252     15,007    217      3,230     11,46 8   2 8 2
72083900 FLAT-ROLLED COILS, HOT-
ROLLED, OF A THICKNESSOF <3 MM    29,350     85,889    342     33,928   109,994    308   13,116     58,596    224     14,730     50,399    292
72085400 SHEETS, HOT-ROLLED, OF A
THICKNESS OF <3 MM        376         860    437      1,451      3,459    420       842      3,047    276      2,006      5,676    353
6.- Coils and sheets, hot-rolled     29,725     86,748    343     35,379   113,453    312   13,958     61,643    226     16,736     56,075    298
72091600 COILS, COLD-ROLLED, NOT
CLAD, PLATED OR COATED     7,036     16,594    424      7,262     18,864    385       488      1,369    357      1,263      3,595    351
72092600 SHEETS, COLD-ROLLED, NOT
CLAD, PLATED OR COATED        644      1,104    583         917      1,898    483       366         832    440         398      1,051    379
7.- Coils and sheets, cold-rolled      7,680     17,698    434      8,179     20,762    394       854      2,201    388      1,661      4, 646    358
72091700 COILS, COLD-ROLLED, NOT
CLAD, PLATED OR COATED    15,287     32,641    468     15,876     38,518    412    5,097     14,318    356      7,011     17,638    397
72092700 SHEETS, COLD-ROLLED, NOT
CLAD, PLATED OR COATED     1,987      3,403    584      3,277      5,785    567    1,725      3,469    497      1,571      3,128    502
8.- Coils and sheets, cold-rolled     17,275     36,044    479     19,153     44,303    432    6,821     17,787    384      8,582     20,7 66    413
72091800 COILS, COLD-ROLLED, NOT
CLAD, PLATED OR COATED        164         317    516         362         824    440         -           -  -           35           64    546
72092800 SHEETS, COLD-ROLLED, NOT
CLAD, PLATED OR COATED          26           28    933           20           33    604           5           10    546             5             8    588
9.- Coils and sheets, cold-rolled         190         345    550         382         857    446           5           10    546           40           73    551
72101200 10.-  Tinplate     14,496     18,991    763     13,268     17,420    762   11,421     17,023    671      8,491     13,923    610
72106100  11.- Zincalum     12,395     19,230    645     18,441     29,445    626   13,562     25,396    534     18,584     30,991    600
72131000 BARS AND RODS OF IRON
OR NON-ALLOY STEEL,
CONTAININGINDENTATIONS, RIBS,    14,116     42,685    331     17,400     52,271    333    1,239      4,040    307      3,425     12,035    285G/SG/N/6/CHL/8
G/SG/N/9/CHL/5
Page 5GROOVES OR OTHER
DEFORMATIONS PRODUCEDDURING THE ROLLING
PROCESS
72142000 BARS AND RODS OF IRON,
CONTAININGINDENTATIONS, RIBS,
GROOVES OR OTHER
DEFORMATIONS PRODUCEDDURING THE ROLLING
PROCESS    40,014   118,311    338     41,067   123,033    334    9,936     35,041    284     12,382     46,156    268
12.- Bars and rods of iron     54,130   160,996    336     58,467   175,304    334   11,176     39,081    286     15,807     58,191    272
72283000 13.-  Milling bars and rods      6,140      8,944    686      9,284     18,094    513   24,022     64,601    372     44,119   122,795    35 9
72139100 14.-  Bars and rods     11,908     35,441    336     10,728     34,467    311    2,957     12,179    243      6,101     21,538    283
72149100 15.- OTHER BARS AND
RODS OF IRON OR NON-
ALLOY STEEL     2,091      5,307    394      1,955      4,464    438    1,208      3,336    362      1,322      3,516    376
72149900 16.- OTHER BARS AND
RODS OF IRON OR STEEL    10,335     25,830    400      5,181     12,571    412    2,017      5,306    380      4,080     11,632    351
72162100 17.- L SECTIONS, OF IRON,
HOT-ROLLED     5,690     15,565    366      3,794     10,431    364    1,857      6,372    291      1,582      4,917    322
72164000 18.- L OR T SECTIONS, HOT-
ROLLED     3,327      9,134    364      3,273      8,766    373    1,109      3,469    320      1,099      3,489    315
Total   192,608   494,495    390   202,044   538,326    375   98,616   293,657    336   146,355   414,668    353G/SG/N/6/CHL/8
G/SG/N/9/CHL/5
Page 62001 %
change
00/99%
change
01/00Jan. -
Feb.
2001Jan. -
Feb.
2002%
chan
ge
02/01
Tariff
HeadingProduct
DescriptionValue Quantity Price Value Quantity Price Value Quantity Price Value Quantity Price Value Quantity Price Value Quantity Price
72082600 1.- FLAT-
ROLLED
COILS, HOT-
ROLLED,PICKLED36        130    275
487 349 31 -98 -98 21 78 271 116 564 207 451 624 -24
72082700 2.- FLAT-
ROLLEDCOILS, HOT-
ROLLED,
PICKLED3,508    14,247    246
503 334 39 -67 -60 -17 198 726 273 322 1,433 225 62 97 -18
72083600 3.- FLAT-
ROLLED
COILS, HOT-ROLLED, OF A
THICKNESS OF
>10 MM25          99    251
- - - - - - 00 - 00 - - - -
72083700 4.- FLAT-
ROLLED
COILS, HOT-ROLLED, OF A
THICKNESS OF
>=4.75 MM1,849     7,849    236
17 -11 31 -32 -18 -17 466 1,715 272 276 1,330 207 -41 -22 -24
72083800 FLAT-ROLLED
COILS, HOT-
ROLLED, OF ATHICKNESS OF
>=3 MM BUT
LESS THAN 4.75MM979     4,067    241
-11 -31 29 -60 -54 -13 103 393 261 540 2,704 200 426 589 -24
72085300 SHEETS, HOT-
ROLLED, OF ATHICKNESS OF
>=3 MM BUT
LESS THAN 4.75MM1,337     5,174    258
54 20 29 66 91 -13 309 1,134 272 55 219 251 -82 -81 -8
5.- Coils and
sheets, hot-rolled 2,316     9,241    251 -1 -24 30 -28 -19 -11 411 1,527 270 595 2,923 203 45 91 -25
72083900 FLAT-ROLLED
COILS, HOT-
ROLLED, OF ATHICKNESS OF
<3 MM5,561    22,182    251
12 -14 31 -62 -56 -14 506 1,963 258 2,727 12,913 211 438 558 -18
72085400 SHEETS, HOT-
ROLLED, OF A 2,253     8,049    280 138 86 28 12 42 -21 629 2,212 284 26 85 306 -96 -96 8G/SG/N/6/CHL/8
G/SG/N/9/CHL/5
Page 7THICKNESS OF
<3 MM
6.- Coils andsheets, hot-rolled 7,814    30,231    258
20 -9 32 -53 -46 -13 1,135 4,175 272 2,753 12,999 212 142 211 -22
72091600 COILS, COLD-
ROLLED, NOTCLAD, PLATED
OR COATED902     2,810    321
159 163 -1 -29 -22 -9 90 235 384 109 304 359 21 30 -7
72092600 SHEETS, COLD-
ROLLED, NOT
CLAD, PLATED
OR COATED     1,210      3,709    326 9 26 -14 204 253 -14 258 689 375 41 106 383 -84 -85 2
7.- Coils and
sheets, cold-
rolled     2,112      6,519    324 95 111 -8 27 40 -9 349 924 377 150 411 365 -57 -56 -3
72091700 COILS, COLD-
ROLLED, NOT
CLAD, PLATEDOR COATED     5,187     14,076    369
38 23 12 -26 -20 -7 2,273 5,491 414 1,357 4,083 332 -40 -26 -20
72092700 SHEETS, COLD-
ROLLED, NOT
CLAD, PLATEDOR COATED     1,856      5,050    368
-9 -10 1 18 61 -27 324 877 370 75 168 449 -77 -81 22
8.- Coils and
sheets, cold-rolled     7,044     19,126    368
26 17 8 -18 -8 -11 2,597 6,369 408 1,432 4,251 337 -45 -33 -17
72091800 COILS, COLD-
ROLLED, NOTCLAD, PLATED
OR COATED        119         141    846
- - - 239 119 55 00 - 3 1 2 , 2 2 8 - - -
72092800 SHEETS, COLD-
ROLLED, NOT
CLAD, PLATED
OR COATED          43         119    365 -7 -13 8 772 1,305 -38 00 - 0 0 - - - -
9.- Coils and
sheets, cold-
rolled        162         259    626 652 646 1 305 256 14 00 - 3 1 2 , 2 2 8 - - -
72101200 10.-  Tinplate      2,909      4,614    631 -26 -18 -9 -66 -67 3 210 344 608 2,125 3,249 654 914 843 8
72106100  11.- Zincalum     17,638     32,689    540 37 22 12 -5 5 -10 3,198 5,199 615 4,021 8,577 469 26 65 -24
72131000 BARS AND
RODS OF IRONOR NON-ALLOY
STEEL,
CONTAININGINDENTATIONS
, RIBS,
GROOVES OROTHER
DEFORMATION
S PRODUCEDDURING THE
ROLLING
PROCESS     3,389     12,760    266
176 198 -7 -1 6 -7 920 3,422 269 138 522 264 -85 -85 -2G/SG/N/6/CHL/8
G/SG/N/9/CHL/5
Page 872142000 BARS AND
RODS OF IRONCONTAINING
INDENTATIONS
, RIBS,GROOVES OR
OTHER
DEFORMATIONS PRODUCED
DURING THE
ROLLINGPROCESS     7,314     28,854    253
25 32 -5 -41 -37 -6 1,163 4,435 262 347 1,336 259 -70 -70 -1
12.- Bars and
rods of iron    10,702     41,614    257 41 49 -5 -32 -28 -5 2,083 7,857 265 484 1,858 261 -77 -76 -2
72283000 13.-  Milling bars
and rods    54,983   157,633    349 84 90 -3 25 28 -3 8,393 23,229 361 10,496 31,571 332 25 36 -8
72139100 14.-  Bars and
rods     8,051     30,185    267 106 77 17 32 40 -6 836 3,113 268 4,491 19,232 234 437 518 -13
72149100 15.- OTHER
BARS AND
RODS OF IRONOR NON-
ALLOY STEEL        845      2,134    396
9 5 4 -36 -39 5 110 391 282 202 468 433 84 20 54
72149900 16.- OTHER
BARS AND
RODS OF IRON
OR STEEL     5,541     16,588    334 102 119 -8 36 43 -5 401 1,804 222 1,416 4,475 316 253 148 42
72162100 17.- L
SECTIONS, OF
IRON, HOT-ROLLED     1,790      5,979    299
-15 -23 10 13 22 -7 562 1,892 297 172 571 301 -69 -70 2
72164000 18.- L OR T
SECTIONS.,
HOT-ROLLED     1,419      4,651    305 -1 1 -2 29 33 -3 169 485 347 379 1,287 295 125 165 -15
Total   128,743   383,788    335 48 41 5 -12 -7 -5
21,138 59,829   353
29,434   95,199    309 39 59 -12G/SG/N/6/CHL/8
G/SG/N/9/CHL/5
Page 9Summary of Information on Injury Factors
Area /
Tariff Heading1.- 7208.2600 2.- 7208.2700 3.- 7208.3600 4.- 7208.3700 5.- 7208.3800 -
7208.53006.- 7208.3900 -
7208.54007.- 7209.1600 -
7209.26008.- 7209.1700 -
7209.27009.- 7209.1800 -
7209.2800 10.-
7210.1200  11.-
7210.6100
Domestic
Production (tonnes,% change)
1999
2000 89% 17% -29% 21% 6% 0% 10% 35% -56% 21% 31%
2001 -31% -3% -
100%-2% 8% 10% -44% -25% -94% 19% -10%
Domestic Sales
(tonnes, % change)
1999
2000 60% 12% -62% 16% -8% -8% -23% 6% 12% 20% 20%
2001 -25% 3% 82% 24% 29% 30% -5% 2% -4% 21% -3%
Exports (tonnes, %
change)
1999
2000 -100% -
100
%-
100%-78% -36% 1% 300% 84% -5% -51% 72%
2 0 0 1 -- --
100%-100% -98% -77% -62% -79% -98% -45%
Change in
Inventories (tonnes)
1999 (+) (-) (-) (+) (-) (-) (+) (+) (-) (+) (-)
2000 (+) (-) (+) (+) (+) (+) (+) (+) (-) (+) (+)
2001 (+) (-) (-) (-) (-) (-) (-) (+) (-) (+) (-)
ApparentConsumption
(tonnes, % change)
1999
2000 135% 77% -70% 6% -13% -12% -16% 10% 20% 17% 16%
2001 -60% -49% 139% 0% 16% 5% 1% -1% 8% 4% 3%
Share of Imports /
ApparentConsumption (%)
1999
2000 102% 135
%-
100%-19% -12% -12% 161% 6% 952% -36% -39%
2001 -96% -98% - -68% -30% -61% 38% -7% 229% -72% 128%G/SG/N/6/CHL/8
G/SG/N/9/CHL/5
Page 10Import Prices per
Tonne (% change)UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$
1999
2000 37% 35% 45% 42% -100% -
100%33% 30% 33% 31% 36% 33% 3% 1% 10% 8% 5% 3% -7% -9% 16% 14%
2001 4% -8% 5% -7% - - -12% -22% 0% -11% -4% -15% 1% -11% -1% -12% 25% 11% 15% 2% -1% -12%
Domestic Prices per
Tonne (% change)UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$
Cía. Sider.
Huachipato
1999
2000 21% 18% 23% 21% 31% 28% 24% 22% 23% 21% 25% 22% 20% 17% 19% 16% 21% 19% -2% -4% 4% 2%
2001 -3% -14% -4% -15% -4% -15% -5% -15% -4% -15% -5% -16% 3% -9% 3% -9% 3% -9% 13% 0% -6% -17%
Total Costs per
Unit (US$ / tonne,% change)
Cía. Sider.Huachipato
1999
2000 -9% -9% -11% -11% -9% -9% -11% -11% -11% -10% -5%
2001 2% 2% - 2% 1% 1% 1% 2% 3% 2% 0%
Sales Margin (US$ /tonne)
Cía. Sider.Huachipato
1999 (-) (-) (-) (-) (-) (-) (-) (-) (-) (+) (+)
2000 (+) (+) (+) (+) (+) (+) (+) (+) (+) (+) (+)
2001 (-) (-) (-) (-) (-) (-) (-) (-) (+) (+)
UF = Chilean government inflation index-linked monetary units.G/SG/N/6/CHL/8
G/SG/N/9/CHL/5
Page 11Summary of Information on Injury Factors
Area  / Tariff Heading 12.- 7213.1000 -
7214.200013.- 7228.3000 14.-
7213.910015.- 7214.9100 16.- 7214.9900 17.- 7216.2100 18.- 7216.4000
Domestic Production (tonnes, %
change)
1999
2000 50% -47% -8% 58% 21% 53% -
2001 9% 41% -3% 25% -30% 37% -
Domestic Sales (tonnes, % change)
1999
2000 56% -50% 3% 50% 1% 52% -
2001 24% 41% -3% 20% 0% 13% -
Exports  (tonnes, % change)
1999
2000 38% 4446% -56% 13425% 243% 2529% -
2001 39% 77% -46% 388% 116% 297% -
Change in Inventories (tonnes)
1999 (-) (+) (+) (-) (+) (+)
2000 (+) (+) (-) (+) (+) (+)
2001 (-) (+) (-) (+) (-) (+) (+)
Apparent Consumption (tonnes,% change)
1999
2000 49% -7% 8% 36% 31% 27% -16%
2001 4% 30% 3% 9% 17% 7% 3%
Share of Imports / Apparent
Consumption (%)
1999
2000 34% 106% 78% -43% 86% -36% 0%
2001 -32% -5% 44% -75% 23% -23% -13%
Import Prices per Tonne (%
change)UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$
1999
2000 -11% -12% -1% -3% 17% 15% 14% 12% -3% -5% 13% 11% 7% 5%
2001 7% -5% 12% -1% 6% -6% 47% 30% 8% -4% 10% -2% 10% -2%
Domestic Prices per Tonne (%
change)UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$ UF  US$
Cía. Sider. Huachipato
1999
2000 1% -1% 0% -2% 11% 9%
2001 4% -8% 3% -9% 5% -7%
Gerdau Aza
1999
2000 0% -2% - - -9% -10% -3% -5% -7% -8%
2001 2% -9% 5% -7% 3% -9% 3% -9% 4% -8%G/SG/N/6/CHL/8
G/SG/N/9/CHL/5
Page 12Total Costs per Unit
(US$ / tonne, % change)
Cía. Sider. Huachipato
1999
2000 -3% -4% -9%
2001 -14% 1% -3%
Gerdau Aza
1999
2000 -7% - -1% -1% -1%
2001 -17% -17% -15% -15% -15%
Sales Margin (US$ / tonne)
Cía. Sider. Huachipato
1999 (-) (+) (-)
2000 (-) (+) (-)
2001 (+) (+) (-)
Gerdau Aza
1999 (+) (+) (+) (+)
2000 (+) (-) (+) (+) (+)
2001 (+) (+) (+) (+) (+) (+)
Note 1:   Percentage change is in relation to the previous period.
Note 2:  The import and domestic prices for products coming under two tariff headings correspond to the weighted average of the  import volume and domestic
sales respectively.
Source:  Complainant companies; the Technical Secretariat on the basis of customs import and export declarations.
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