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EUROFER Welcomes Anti-Dumping duties on Stainless Steel Imports from Indonesia, China & Taiwan

Steel News - Published on Thu, 15 Oct 2020

Image Source: EUROFER Stainless Steel
The European Steel Association EUROFER welcomed the measure as a first step towards restoring a level playing field and securing a sustainable future for the European stainless industry, but says the Commission must apply trade enforcement rules in full, given the spirit and intention of the revised EU trade defence instruments adopted by the European Parliament and the Council in 2018. Axel Eggert, Director General of EUROFER said “Indonesia, China and Taiwan have a structural overcapacity problem. Their dumping has seriously harmed European stainless steel producers and these measures are necessary. However, by not disapplying the Lesser Duty Rule the European Commission has failed to fully apply the revised Trade Defence Instruments rules. They must do so without inhibition if they want to effectively tackle third country trade distortions and save EU industry and the jobs it supports”.

The European Commission has published definitive anti-dumping duties on imports of certain hot rolled stainless steel sheets and coils originating in Indonesia, the People’s Republic of China and Taiwan (Regulation 2020/1408). The European Commission Implementing Regulation largely confirms existing provisional measures and imposes definitive anti-dumping duty rates of 17.3% on SSHR imports from Indonesia, up to 19% on imports from China, and up to 7.5% on imports from Taiwan. The investigation leading up to these measures was initiated in August 2019 following a complaint submitted by EUROFER.

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Posted By : Yogender Pancholi on Thu, 15 Oct 2020
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