EU imposes Russia, Turkey coated flats anti-dumping duties

The European Commission has imposed a definitive anti-dumping duty on imports of various coated flat steel from Russia and Turkey. The collection of these duties is however suspended during the period of EU safeguard measure application, Kallanish notes.

This follows the conclusion of an investigation initiated in June 2021 and decision not to impose preliminary measures in January 2022.

The products investigated fall under HS codes 7210410020, 7210410030, 7210490020, 7210490030, 7210610020, 7210610030, 7210690020, 7210690030, 7210908092, 7212300020, 7212300030, 7212506120, 7212506130, 7212506920, 7212506930, 7212509014, 7212509092, 7225920020, 7225920030, 7225990022, 7225990023, 7225990041, 7225990092, 7225990093, 7226993010, 7226993030, 7226997013, 7226997093 and 7226997094.

The probe found that EU consumption of these products was 10.69 million tonnes of the investigation period, the 2020 calendar year, versus 11.49mt in 2017. Imports from the countries concerned reached 1.1mt in the IP versus 196,643t in 2017. EU production was 9.8mt in the IP versus 10.92mt in 2017, with capacity utilisation down to 73% from 90%.

The duties are 36.6% for MMK, 10.3% for NLMK, 31.3% for Severstal and 37.4% for all other Russian companies. The tariff is 10.5% for MMK Turkey, 2.4% for Tatmetal, 11% for Tezcan, 8% for other Turkish cooperating companies and 11% for all other Turkish companies.

Adam Smith Poland