EU intends to impose definitive AD duties on Russian and Turkish HDG

2022-09-04 08:03:08 By : Mr. Michael M

Orbis Turkish Scrap Forecaster Orbis Turkish Scrap Forecaster

Orbis HRC CIS Export Forecaster Orbis HRC CIS Export Forecaster

Events Events Our major market-leading conferences and events offer optimum networking opportunities to all participants while adding great value to their business.

Steel Video Steel Video SteelOrbis Conferences, webinars and video interviews can be watched on Steel Video.

Due to Russia’s invasion of Ukraine, the EU has imposed successive packages of sanctions against Russia, affecting steel imports as well. Although the sanctions cover the steel products or producers who are subject to this investigation, the Commission found that these sanctions cannot have a bearing in its conclusions as the European Council may further amend the precise scope and duration of sanctions at any moment, while the antidumping duties have a lifetime of five years.

With Turkey ranking first as the biggest HDG exporter to the EU, Vietnam, Taiwan, South Korea and India are now likely to replace Turkey’s market share in the region and Turkish suppliers will find it difficult to compete, similar to the the case of HRC, with these duty rates.

The definitive antidumping duty rates can be seen below:

Country            

PJSC Magnitogorsk Iron and Steel Works

MMK Metalurji Sanayi Ticaret ve Liman İşletmeciliği A.Ş.

TatMetal Çelik Sanayi ve Ticaret A.Ş

Tezcan Galvanizli Yapi Elemanlari Sanayi ve Ticaret A.Ş.