UK’s Trade Remedies Authority has initiated a transition review into anti-dumping measures on Hot Rolled Coils from Russia, Ukraine, Brazil and Iran on 24 June 2022. It has also opened a transition review into anti-subsidy measures on imports of Stainless Steel bars and rods from India. These measures are among those that the UK inherited from the EU system and the TRA is reviewing them to make sure they are still suitable for the UK’s needs. The period of investigation for both transition reviews will be 1 April 2021 to 31 March 2022 while the injury period will be 1 April 2018 to 31 March 2022.In addition to today’s initiation of the transition reviews, the TRA has also opened a suspension investigation into the anti-dumping measures on HR from Ukraine. The TRA has assessed information provided to it by the government of Ukraine against the following three conditionsWhether there has been a change to market conditionsWhether the effect of this change is temporaryThe effect of this change on UK industryThe TRA has made an initial assessment that these three conditions have been met following Russia’s invasion of Ukraine earlier this year and will now investigate this further.HRC Steel is used primarily in the mechanical and electrical engineering, construction and automobile sectors. The measures on Stainless Steel bars and rods cover those used across various industries, including the automotive, aerospace and food processing industries. These products can be easily cut and machined and are often used in the manufacture of tools, machine parts and components.
UK’s Trade Remedies Authority has initiated a transition review into anti-dumping measures on Hot Rolled Coils from Russia, Ukraine, Brazil and Iran on 24 June 2022. It has also opened a transition review into anti-subsidy measures on imports of Stainless Steel bars and rods from India. These measures are among those that the UK inherited from the EU system and the TRA is reviewing them to make sure they are still suitable for the UK’s needs. The period of investigation for both transition reviews will be 1 April 2021 to 31 March 2022 while the injury period will be 1 April 2018 to 31 March 2022.In addition to today’s initiation of the transition reviews, the TRA has also opened a suspension investigation into the anti-dumping measures on HR from Ukraine. The TRA has assessed information provided to it by the government of Ukraine against the following three conditionsWhether there has been a change to market conditionsWhether the effect of this change is temporaryThe effect of this change on UK industryThe TRA has made an initial assessment that these three conditions have been met following Russia’s invasion of Ukraine earlier this year and will now investigate this further.HRC Steel is used primarily in the mechanical and electrical engineering, construction and automobile sectors. The measures on Stainless Steel bars and rods cover those used across various industries, including the automotive, aerospace and food processing industries. These products can be easily cut and machined and are often used in the manufacture of tools, machine parts and components.