- About us
- IBJ Awards
- Free Sample
- Contact us
EUROFER welcomes Turkish steel registration
(Posted on 23/11/20)
The European Steel Association (EUROFER) has welcomed the start of the registration of Turkish hot-rolled steel imports. This could potentially lead to the retroactive application of anti-dumping duties that are normally scheduled for January 2021.
Given the rules laid down in the basic trade defence regulation, the registration of imports is a condition for retroactive application of anti-dumping of possible provisional duties in January. The registration helps avoid opportunistic import surges ahead of the imposition of later duties. Practically, any imports entering the EU from Turkey as of 14 November 2020 could be subject to anti-dumping duties in the future.
“Anti-dumping procedures are slow and time consuming to deploy”, said Axel Eggert, Director General of EUROFER. “While the fourteen-month long investigation is ongoing imports will remain volatile and can quickly disrupt the EU market. Registration is, thus, a critical tool to ensure the effectiveness of EU trade defence instruments.”
The request for registration was submitted by EUROFER in September 2020, following an anti-dumping complaint submitted in May 2020. This anti-dumping case should yield conclusions in January 2020.
EUROFER AISBL is located in Brussels and was founded in 1976. It represents the entirety of steel production in the European Union. EUROFER members are steel companies and national steel federations throughout the EU. The major steel companies and national steel federations in Switzerland and Turkey are associate members.
The European steel industry is a world leader in innovation and environmental sustainability. It has a turnover of around €170 billion and directly employs 330,000 highly-skilled people, producing on average 160 million tonnes of steel per year.
The U.S. Grains Council (USGC) has published its 2020/2021 Sorghum Quality Report and for the second... Read more
Rio Tinto has released its 2020 Taxes paid. The company’s economic contribution report, which... Read more
En+ Group, the world’s leading producer of low-carbon aluminium and independent hydropower, has... Read more
The International Fertilizer Association (IFA) and agri benchmark Cash Crop have announced the start... Read more
Rusal, a leading global aluminium producer, invested over USD1bn in environmental projects between 2011... Read more
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel... Read more
International mining and metals company Rio Tinto and renewable energy technology company Heliogen has... Read more
The USA’s National Grain and Feed Association (NGFA) has urged lawmakers to prioritise improvements... Read more
British Steel has announced that it is investing £100m this year to support the next stage of... Read more
Rusal, a leading global aluminium producer, has announced its results for the year ended 31 December... Read more