EU introduces anti-dumping duties on steel products from China and Russia

The European Commission announced on Thursday that it is introducing final anti-dumping duties on cold-rolled steel from China and Russia. The responsibilities are valid for five years.

According to the decision of the Commission, anti-dumping duties on products from China are introduced in the range from 19.7 percent to 22.1 percent. On products from Russia, duties were introduced at the level of 18.7 percent to 36.1 percent.

Price Dumping Study for Chinese and Russian Cold Rolled Steel Products was initiated on May 14, 2015. The complaint in this case was filed by the European Association for Metallurgy and Steel Industry (Eurofer) on behalf of producers representing 25 percent of the total EU production.

Interim duties were introduced on February 12 this year, and the final duties were announced on Thursday. For the first time, the decision will have an effect on products that are imported into the EU for two months before the introduction of provisional duties.

Cold rolled flat products are used, among others, in the automotive, construction and household appliances industries.

Currently, EU anti-dumping measures and measures to combat import subsidies have been introduced on 37 steel products, of which 15 are products from China. The Commission is to conduct 12 more anti-dumping proceedings against this sector.

The EU steel industry is struggling with the flooding of the European steel market with subsidized products from China.