EU applies definitive stainless HRC anti-dumping duties

The European Commission has concluded its investigation into anti-dumping duties on stainless hot rolled coil imports from China, Indonesia and Taiwan. According to a note seen by Kallanish, authorities have confirmed with definitive measures the existing provisional measures announced in April.

The investigation started back in August 2019 on the back of complaints made by local steelmakers. During the investigation the EU confirmed the need for duties to be applied; it nevertheless decided that retroactive collection of duties for volumes imported before the provisional measures will not be needed.

Indonesian importers will face a duty of 17.3%, while Chinese suppliers will be hit by duties of between 9.2% and 19%, depending on the mill’s provenance. Taiwanese material will face a duty of 4.1-7.5%. Compared to the provisional measures, authorities somewhat lowered the duties on some Chinese and Taiwanese suppliers.