The European Commission extended May 7 the anti-dumping and countervailing measures already in force on imports of stainless steel cold-rolled flat products (SSCR) originating in Indonesia to imports of SSCR from Taiwan, Turkey and Vietnam.
The EC extend the existing anti-dumping duty rate of 19.3% to imports of SSCR from Taiwan and Vietnam and extend the existing countervailing duty rate of 20.5% to imports of SSCR from Taiwan, Turkey and Vietnam.
In July 2023, European steel body Eurofer asked the EC to investigate the possible circumvention of the anti-dumping measures imposed on imports of SSCR originating in Indonesia by imports of SSCR consigned from Taiwan, Turkey and Vietnam, whether declared in Taiwan, Turkey and Vietnam or not, and to make such imports subject to registration.
According to the EC document, the request contained sufficient evidence of a change in the pattern of trade involving exports from Indonesia, Taiwan, Turkey and Vietnam to the EU that had taken place following the imposition of measures on SSCR from Indonesia.
“The commission’s investigation has confirmed that a significant circumvention is taking place through imports from Taiwan, Turkey and Vietnam,” said Axel Eggert, Director General of Eurofer. “The anti-circumvention measures published today are important to ensure the complete effectiveness of the original measures and to avoid that artificially cheap, dumped, and subsidized semi-products (stainless slabs and hot rolled coils) sourced from Indonesia freely enter the European market, endangering the European Stainless Steel industry.”
Due to the severity of the circumvention practices, the EC also will apply strict monitoring with importers that are requested to declare whether Indonesia is the country where the stainless steel inputs used for the processing of the product in Taiwan, Turkey or Vietnam was originally melted and poured. Customs authorities shall record such transactions as provided by the importers.
Annalisa Villa
