EU ends reinvestigation of AD duties on stainless CR flat steel from Taiwan

Wednesday, 12 April 2017 11:33:04 (GMT+3)   |   Istanbul
       

The European Commission (EC) has announced that it has terminated the reinvestigation of the antidumping (AD) duties on stainless cold rolled (CR) flat steel product imports from Taiwan.
 
The antidumping duty investigation on the mentioned imports from Taiwan was reopened on August 11, 2016, following a complaint filed by the European Steel Association (EUROFER) claiming that, after the original investigation period and prior to and following the imposition of the antidumping duty on imports of the product concerned, export prices had decreased and this impeded the intended remedial effects of the measures in force. The reinvestigation period was from July 1, 2015 to June 30, 2016, while the original investigation period was from January 1, 2013 to December 31, 2013.
 
As a result of the reinvestigation, the commission stated that the recalculation of the dumping margins showed that the dumping margins for the Taiwanese companies investigated in the original investigation decreased. Accordingly, the commission terminated the investigation without amending the measures in force. 
 
The original antidumping duty investigation was launched in June 2014 upon the application by EUROFER. In August 2015, the commission decided to impose definitive antidumping duty of 6.8 percent for Taiwan. 
 
The products in question currently fall within CN codes 7219 31 00, 7219 32 10, 7219 32 90, 7219 33 10, 7219 33 90, 7219 34 10, 7219 34 90, 7219 35 10, 7219 35 90, 7220 20 21, 7220 20 29, 7220 20 41, 7220 20 49, 7220 20 81 and 7220 20 89.

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