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EU Action on Steel Circumvention Welcomed by EUROFER

Steel News - Published on Fri, 29 Nov 2019

Image Source: steelguru.com/
The European Steel Association EUROFER has welcomed the announcement by the European Commission that it will be investigating the circumvention of anti-dumping duties by Chinese exporters of metallic coated steel. This investigation has been opened by the Commission itself, and concerns the deliberate mislabelling of large volumes of this product from China. EUROFER Director General Mr Axel Eggert said “The Commission has opened the case because Chinese exporters have been making minor modifications to their products simply to avoid payable anti-dumping duties. This is cheating – avoiding EU anti-dumping tariffs which are explicitly owed. It allows Chinese exporters to continue to undercut, and cause injury to, EU steelmakers. Such practices also short-change the EU budget.”

He added “EUROFER calls on the Commission to undertake the metallic coated steel investigation as a matter of priority and to extend the scope of the existing duties to stamp out this form of circumvention.”

Mr Eggert concluded “EUROFER appreciates that the Commission has taken this anti-circumvention action on its own initiative. Moreover, we welcome that it has committed to combatting fraudulent practices, reflecting its determination to enforce EU trade rules and decisions as firmly as possible”.

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Posted By : Rabi Wangkhem on Fri, 29 Nov 2019
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