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- The EU imposed anti-dumping duties on cold-rolled steel from Russia and China
The EU imposed anti-dumping duties on cold-rolled steel from Russia and China
The European Commission imposed anti-dumping duties on cold-rolled steel from Russia and China for a period of five years. This is stated in a report published today in the Official Journal of the EU.
The corresponding decision was the result of anti-dumping investigation, which was launched May 14, 2015 and served as the complaint filed by the European steel producers association (Eurofer) on behalf of producers representing more than 25% of the total output of cold-rolled sheet steel, the document says.
Earlier, in the first quarter of 2016 the EU has already introduced a fee of 20-26% for cold-rolled steel from Russia.
In addition, in July it became known that the EU is starting an anti-dumping investigation against Russian hot-rolled steel. The investigation in respect of hot-rolled steel exports from Russia to the EU in the period from July 2015 to June 2016 will last 15 months. The European Steel Association (Eurofer) complained that the five countries, including Russia, have increased supply of hot-rolled steel in the EU. Russia annually supplies to the EU about 2 million tons of hot-rolled steel.
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