EU to Extend Steel Import Safeguards for 3 Years
Steel SafeguardsReuters

EU to Extend Steel Import Safeguards for 3 Years

The European Union had notified the initiation of an investigation on 26 February 2021. The scope of the investigation was to decide whether the

The European Union had notified the initiation of an investigation on 26 February 2021. The scope of the investigation was to decide whether the safeguard measure should be prolonged beyond 30 June 2021. The European Union has notified to the Committee on Safeguards its proposal to extend a safeguard measure on imports of certain steel products. The EU safeguard measure was originally in place for a period of 3 years. The extended measure does not introduce any changes to its scope, neither in terms of product definition, nor in terms of geographical coverage. The proposed measure consists of a Tariff-Rate Quota available per product category, out of which, an out-of-quota 25% duty applies. The proposed extension of the safeguard measure will come into effect on 1 July 2021. The expected duration of the proposed prolongation of the safeguard measure is three years, until 30 June 20242.

To assess the economic situation of the Union industry, the developments of imports and other relevant data included in its assessment, the European Union assessed the data of the period 2018-2020. During the period considered consumption decreased by 6% and 16% in 2019 and 2020 respectively when compared to the year 2018. Domestic sales of the Union industry followed a similar downward trend. In the same period, the Union industry increased its market share by 2.5 percentage points. The data showed that the economic situation of the Union industry had deteriorated significantly already in the year 2019, when the Union industry already turned into lossmaking, with virtually all injury indicators showing a sharp negative trend.

Volume of Tariff Rate Quota (Period 1.7.2020 to 30.6.2021)

Non Alloy and Other Alloy Quarto Plates

Ukraine - 917,387 tonnes

Korea - 378,136 tonnes

Russia - 311,897 tonnes

India – 202,046 tonnes

Other countries – 1.261 million tonnes

Non Alloy and Other Alloy Hot Rolled Sheets and Strips

All Third Countries – 9.073 million tonnes

Non Alloy and Other Alloy Cold Rolled Sheets

India – 633,906 tonnes

Korea – 389,997 tonnes

Ukraine- 276,357 tonnes

Brazil – 176,625 tonnes

Serbia – 152,539 tonnes

Other countries - 1.161 million tonnes

Metallic Coated Sheets

Korea – 187,894 tonnes & 673,928 tonnes

India – 224,325 tonnes & 320,294 tonnes

China – 553,522 tonnes

Chinese Taipei - 133,008 tonnes

Other countries – 2.056 million tonnes & 339,209 tonnes

Organic Coated Sheets

India – 291,795 tonnes

Korea – 279,134 tonnes

Chinese Taipei – 86,358 tonnes

Turkey – 58,969 tonnes

Macedonia – 44,106 tonnes

Other countries – 116,442 tonnes

Tin Mill products

China – 427,095 tonnes

Serbia – 82,496 tonnes

Korea – 64,509 tonnes

Chinese Taipei – 57,166 tonnes

Brazil – 53,285 tonnes

Other countries – 89,576 tonnes

Electrical Sheets (other than GOES)

Korea – 5,196 tonnes & 84,750 tonnes

China – 2,222 tonnes & 65,323 tonnes

Russia – 1,403 tonnes & 138,889 tonnes

Chinese Taipei – 49,005 tonnes

Iran – 614 tonnes

Other countries – 827 tonnes & 22,673 tonnes

Rebars

Turkey – 316,614 tonnes

Russia – 254,098 tonnes

Ukraine – 168,890 tonnes

Bosnia and Herzegovina – 106,291 tonnes

Moldova – 76,389 tonnes

Other countries – 588,158 tonnes

Non Alloy Wire

Belarus – 238,461 tonnes

China – 180,193 tonnes

Russia – 112,376 tonnes

Turkey – 108,847 tonnes

Ukraine – 72,258 tonnes

Other countries – 107,409 tonnes

Non Alloy and Other Alloy Wire Rod

Ukraine - 402,437 tonnes

Switzerland – 383,494 tonnes

Russia - 331,878 tonnes

Turkey – 327,685 tonnes

Belarus – 263,152 tonnes

Moldova -197,240 tonnes

Other countries – 329,527 tonnes

Non-alloy and other alloy cold finished bars

Russia – 317,391 tonnes

Switzerland – 73,388 tonnes

China – 54,753 tonnes

Ukraine – 43,128 tonnes

Other countries – 47,372 tonnes

Angles, Shapes and Sections of Iron or Non Alloy Steel

Ukraine – 115,903 tonnes

Turkey – 103,884 tonnes

Korea – 27,998 tonnes

Russia – 25,452 tonnes

Brazil – 23,166 tonnes

Switzerland – 17,954 tonnes

Other countries – 39,862 tonnes

Non Alloy and Other Alloy Merchant Bars and Light Sections

China - 448,913 tonnes

Turkey – 310,067 tonnes

Russia – 256,011 tonnes

Switzerland – 198,182 tonnes

Belarus – 156,394 tonnes

Other countries – 205,919 tonnes

Sheet Piling

China – 32,944 tonnes

United Arab Emirates – 17,961 tonnes

Other countries – 1,296 tonnes

Railway Material

Russia – 5,799 tonnes

China – 5,793 tonnes

Turkey – 4,711 tonnes

Ukraine – 1,776 tonnes

Other countries – 2,730 tonnes

Stainless Hot Rolled Sheets and Strips

China – 235,853 tonnes

Korea – 48,835 tonnes

Chinese Taipei - 34, 653 tonnes

United States of America – 31,896 tonnes

Other countries - 27,538 tonnes

Stainless Cold Rolled Sheets and Strips

Korea - 191.249 tonnes

Chinese Taipei - 177,113 tonnes

India - 115,377 tonnes

United States of America - 96,172 tonnes

Turkey - 79,160 tonnes

Malaysia - 53,472 tonnes

Vietnam - 45,459 tonnes

Other countries - 137,054 tonnes

Stainless Hot Rolled Quarto Plates

China – 18,271 tonnes

India – 7,725 tonnes

Chinese Taipei – 3,023 tonnes

Other countries – 3,889 tonnes

Stainless Bars and Light Sections

India – 120,002 tonnes

Switzerland – 17,562 tonnes

Ukraine – 15,484 tonnes

Other countries – 23,046 tonnes

Stainless Wire Rod

India - 27,372 tonnes

Chinese Taipei - 17,878 tonnes

Korea – 8,912 tonnes

China - 5,987 tonnes

Japan - 5,915 tonnes

Other countries - 3,090 tonnes

Gas pipes

Turkey – 240,136 tonnes

India – 87,281 tonnes

Macedonia – 26,028 tonnes

Other countries – 59,494 tonnes

Hollow sections

Turkey – 417,094 tonnes

Russia – 95,623 tonnes

Macedonia – 91,903 tonnes

Ukraine – 68,169 tonnes

Switzerland – 60,237 tonnes

Belarus - 56.442 tonnes

Other countries – 68,235 tonnes

Seamless Stainless Tubes and Pipes

India – 22,459 tonnes

Ukraine – 14,111 tonnes

Korea – 4,454 tonnes

Japan – 4,295 tonnes

United States of America – 3,762 tonnes

China – 3,510 tonnes

Other countries – 7,665 tonnes

Other Seamless Tubes

China – 133,643 tonnes

Ukraine – 99,333 tonnes

Belarus – 53,084 tonnes

Japan – 37,178 tonnes

United States of America – 32,704 tonnes

Other countries – 149,474 tonnes

Large welded tubes

Russia – 379,732 tonnes

Turkey – 47,380 tonnes

China – 38,387 tonnes

Other countries – 91,857 tonnes

Other Welded Pipes

Switzerland – 175,003 tonnes

Turkey – 163,918 tonnes

United Arab Emirates – 50,440 tonnes

China – 48,641 tonnes

Chinese Taipei – 38,821 tonnes

India – 30,677 tonnes

Other countries – 99,653 tonnes

No stories found.
SteelGuru Business News
www.steelguru.com