The European Commission has found that Turkish & Russian hot-dipped galvanized coils were dumped in the EU and is proposing definitive anti-dumping measures in a range of 2.4-37.4%, according to a 10 May Commission document sent to interested parties. Interested parties are being granted a period within which they can make representations subsequent to the EC's latest disclosure.-----------------------Russia - 10.3-37.4%NLMK – 10.3%Severstal - 31.3%MMK 36.6%All other companies -37.4-------------------Turkey - 2.4-11%Tatmtal – 2.4%MMK Metalurji - 10.6%Tezcan – 11%Other cooperating companies – 8%All other companies - 11%With Turkey ranks first as the biggest HDG exporter to the EU, Vietnam, Taiwan, South Korea and India are now likely to replace Turkey's market share in the region The investigation was initiated on 24 June 2021, upon the complaint of the European Steel AssociationEC said “The commission established a causal link between the injury suffered by the union industry and the dumped imports from Russia and Turkey. The increase of dumped imports from the countries concerned coincided with a deterioration of the union industry's situation. Low-priced imports from Turkey and Russia increased exponentially and prevented the union industry from increasing sales prices and volumes following the anti-circumvention investigation concerning Chinese imports. In terms of prices, the dumped imports from the countries concerned continuously undercut those of the union industry sales prices in the union market, and in any event created substantial price pressure preventing the union industry from setting prices at sustainable levels necessary to achieve reasonable profit margins.”The investigation was started in Jun 2021 after EU producers submitted a petition to the commission. The EC in January this year decided to skip preliminary duties, as it said the case was technically very complex and it needed more time to determine the outcome. It was originally expected to come out with a decision by the end of August.
The European Commission has found that Turkish & Russian hot-dipped galvanized coils were dumped in the EU and is proposing definitive anti-dumping measures in a range of 2.4-37.4%, according to a 10 May Commission document sent to interested parties. Interested parties are being granted a period within which they can make representations subsequent to the EC's latest disclosure.-----------------------Russia - 10.3-37.4%NLMK – 10.3%Severstal - 31.3%MMK 36.6%All other companies -37.4-------------------Turkey - 2.4-11%Tatmtal – 2.4%MMK Metalurji - 10.6%Tezcan – 11%Other cooperating companies – 8%All other companies - 11%With Turkey ranks first as the biggest HDG exporter to the EU, Vietnam, Taiwan, South Korea and India are now likely to replace Turkey's market share in the region The investigation was initiated on 24 June 2021, upon the complaint of the European Steel AssociationEC said “The commission established a causal link between the injury suffered by the union industry and the dumped imports from Russia and Turkey. The increase of dumped imports from the countries concerned coincided with a deterioration of the union industry's situation. Low-priced imports from Turkey and Russia increased exponentially and prevented the union industry from increasing sales prices and volumes following the anti-circumvention investigation concerning Chinese imports. In terms of prices, the dumped imports from the countries concerned continuously undercut those of the union industry sales prices in the union market, and in any event created substantial price pressure preventing the union industry from setting prices at sustainable levels necessary to achieve reasonable profit margins.”The investigation was started in Jun 2021 after EU producers submitted a petition to the commission. The EC in January this year decided to skip preliminary duties, as it said the case was technically very complex and it needed more time to determine the outcome. It was originally expected to come out with a decision by the end of August.
