The European Commission has opened an expiry review into existing anti-dumping measures on imports of Chinese and Taiwanese stainless cold rolled coil, Kallanish learns from an official statement.
The review was opened following a complaint lodged by Eurofer earlier in May and is expected to be concluded by the end of 2021. In the meantime, the existing AD duties of between 6.8% and 25.3% – depending on the supplier – will remain in place. The review could result in the duties being maintained for five more years.
“The applicant [Eurofer] has provided evidence that, should measures be allowed to lapse, the current import level of the product under review from the countries concerned to the Union is likely to increase significantly due to the existence of unused capacity in the countries concerned and the attractiveness of the Union market,” the Commission says. “In addition, in the absence of measures, export prices of the countries concerned would be at a level low enough to further injure the Union industry.”
