EU proposes provisional HRC AD on three countries

The European Commission has proposed provisional anti-dumping duties on hot-rolled coil (HRC) imports on certain countries, according to letter of pre-disclosure of preliminary findings dated 14 March, seen by Kallanish.

The letter states that the summary of duties is for informational purposes only and does not prejudge the Commission’s final decision.

Interested parties are given three working days to submit comments on the pre-disclosure findings.

India proposed not to impose any duties, while Egypt could face a duty of 15.6% including producer Ezz Steel Company.

Japan’s Nippon Steel Corporation and all other companies could be subject to a 33% duty, and Daido Steel and JFE Steel Corporation are both set at 32%, while Tokyo Steel faces a lower duty of 6.9%.

Vietnam’s Formosa Ha Tinh Steel Corporation and all other companies are facing to a 12.1% duty. However, Hoa Phat Dung Quat Steel Joint Company may be exempt from the duties.

“These are proposed duties. When finally published, we will understand if Hoa Phat gets zero and if they are retroactive,” a market participant commented.

The provisional duties apply once agreed to flat-rolled products of iron, non-alloy steel, or other alloy steel, whether or not in coils, including cut-to-length and narrow strip products, not further worked than hot-rolled, not clad, plated, or coated, originating in Egypt, Japan, and Vietnam.

These products are currently classified under CN codes 7208 10 00, 7208 25 00, 7208 26 00, 7208 27 00, 7208 36 00, 7208 37 00, 7208 38 00, 7208 39 00, 7208 40 00, 7208 52 10, 7208 52 99, 7208 53 10, 7208 53 90, 7208 54 00, 7211 13 00, 7211 14 00, 7211 19 00, ex 7225 19 10 (TARIC code 7225 19 10 90), 7225 30 90, ex 7225 40 60 (TARIC code 7225 40 60 90), 7225 40 90, ex 7226 19 10 (TARIC codes 7226 19 10 91, 7226 19 10 95), 7226 91 91, and 7226 91 99.

Proposed provisional anti-dumping duties
Country Company Provisional anti- dumping duty (%)
Egypt Ezz Steel Company 15.6
Egypt All other companies 15.6
India All companies n/a
Japan Nippon Steel Corporation 33.0
Japan Tokyo Steel 6.9
Japan Daido Steel 32.0
Japan JFE Steel Corporation 32.0
Japan All other companies 33.0
Vietnam Formosa Ha Tinh Steel Corporation 12.1
Vietnam All other companies* 12.1

* It is proposed not to impose provisional anti-dumping duties on imports from Hoa Phat Dung Quat Steel Joint Company.

Elina Virchenko Turkey , Anna Low Singapore