The European Commission has published definitive anti-dumping duties on imports of stainless steel cold-rolled flat products (SSCR) from China and Taiwan (Regulation 2015/1429).
The European Commission has confirmed existing provisional measures and imposes definitive anti-dumping duty rates up to 25.3% on SSCR imports from China, and up to 6.8% on imports from Taiwan. The investigation was initiated in June 2014 following a complaint submitted by EUROFER.
Photo courtesy of ArcelorMittal
The Commission investigation confirmed that dumped imports from China and Taiwan increased massively in the period 2010-2013 and imports from China doubled in 2014. Imports from the two countries undercut EU producers’ sale prices by more than 10%, while the injury margin was higher, exceeding 20%.
Responding to definitive anti-dumping duties Regulation, EUROFER Director General Axel Eggert said: “These remedial duties are crucial if the stainless steel industry is to recover from the effects of Chinese and Taiwanese dumping. The industry’s economic sustainability is vital to achieving the EU’s goal of ensuring jobs, growth and investment in Europe.”
EUROFER calls on the Commission to remain vigilant about attempts by Chinese and Taiwanese exporters to violate these measures.
