S&P Global Commodity Insights reported that Turkish Steel Exporters Union CIB Vice President & steelmaker Çolakoglu CEO Mr Ugur Dalbeler said that Turkey is expected to implement anti-dumping duties on hot-rolled coil imports from Europe and South Korea before the end of June 2021. He said “We are expecting to see that a required answer to the EU's unfair attitudes against Turkey in the last four years will be given by the ministry.”Turkey had started an anti-dumping investigation on hot-rolled coil imports from European Union in South Korea in January 2021 and the Turkish Ministry of Trade announced 14.08-49.84% final dumping margins in March 2022. According to the preliminary decision, ArcelorMittal will be subject to a dumping margin of 39.83%, Tata Steel 30.64%, ThyssenKrupp & Liberty Steel 23.30% and all other EU producers 49.84%. South Korean producer POSCO will be subject to 14.62%, Hyundai Steel 14.08% and other South Korean producers 18.59%.The investigation report with the final determinations was to be submitted to the Board of Evaluation of Unfair Competition after receiving opinions and claims from relevant parties for a final decision. The final decision was expected at the end of June. These rates could be changed in the final decision.Turkey has exported only 700,000 tonnes HRC in the January-April 2022, but imported 2.2 million tonnes
S&P Global Commodity Insights reported that Turkish Steel Exporters Union CIB Vice President & steelmaker Çolakoglu CEO Mr Ugur Dalbeler said that Turkey is expected to implement anti-dumping duties on hot-rolled coil imports from Europe and South Korea before the end of June 2021. He said “We are expecting to see that a required answer to the EU's unfair attitudes against Turkey in the last four years will be given by the ministry.”Turkey had started an anti-dumping investigation on hot-rolled coil imports from European Union in South Korea in January 2021 and the Turkish Ministry of Trade announced 14.08-49.84% final dumping margins in March 2022. According to the preliminary decision, ArcelorMittal will be subject to a dumping margin of 39.83%, Tata Steel 30.64%, ThyssenKrupp & Liberty Steel 23.30% and all other EU producers 49.84%. South Korean producer POSCO will be subject to 14.62%, Hyundai Steel 14.08% and other South Korean producers 18.59%.The investigation report with the final determinations was to be submitted to the Board of Evaluation of Unfair Competition after receiving opinions and claims from relevant parties for a final decision. The final decision was expected at the end of June. These rates could be changed in the final decision.Turkey has exported only 700,000 tonnes HRC in the January-April 2022, but imported 2.2 million tonnes
