The European Commission has opened an expiry review into existing anti-dumping measures on imports ofChinese and Taiwanese stainless cold rolled coil, Kallanish learns from an official statement.
The review was opened following a complaint lodged by Eurofer earlier in May and is expected to be concluded by the end of 2021. In the meantime, the existing AD duties of between 6.8% and 25.3% – depending on the supplier – will remain in place.The review could result in the duties being maintained for five more years.
“Theapplicant [Eurofer] has provided evidence that, should measures be allowed tolapse, the current import level of the product under review from the countriesconcerned to the Union is likely to increase significantly due to the existenceof unused capacity in the countries concerned and the attractiveness of theUnion market,” the Commission says. “In addition, in the absence of measures, export prices of the countries concerned would be at a level lowenough to further injure the Union industry.”