EC decides against anti-dumping duties on HRC from five countries

The European Commission (EC) has decided not to impose preliminary duties on imports of hot rolled coil (HRC) from five countries, including Brazil, IRan, Russia,Sebia and Ukraine. That news is just annouced after they imposed anti-dumping to Chinese HRC by 18.10-35.90% import Duty last week.

?However, the Commission decided not to impose provisional duties on hot rolled flat steel products from Brazil, Iran, Russia, Serbia and Ukraine,? the spokesman said.

The EC was expected to set preliminary anti-dumping duties on HRC from the five countries on April 7. It initiated an anti-dumping investigation from July 7, 2016 to January 6, 2017, it implemented a ruling that HRC imports from Russia and Brazil must be registered it production arrivsl to EC


In addition, Russian steelmaker Magnitogorsk Iron & Steel Works (MMK)  still offering HRC to Ruropean aread,according to market sources.

The fact that no preliminary duties were imposed does not mean that steelmakers in the five exporting countries will not be assessed with definitive duties at a later date.

?The investigation in relation to imports from these countries will continue for another six months, and will assess in further detail the effects of potential measures on industries using imported steel for further downstream production within the EU,? the EC spokesman said.

?The decision not to impose provisional measures on imports from Brazil, Iran, Russia, Serbia and Ukraine does not prejudge the final outcome of that investigation,? he added.

The EC imposed definitive anti-dumping duties at rates of 18.10-35.90% on HRC imported from China at the  last weekend

• [Editor:admin]