EUROFER: AD duty on grain-oriented electrical steel should remain in place
Thursday, 28 May 2015 18:48:22 (GMT+3)
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Istanbul
According to the European Steel Association (EUROFER), the recent imposition of provisional antidumping (AD) measures on EU imports of grain-oriented electrical steel (GOES) has triggered public reactions from stakeholders questioning the justification ground for the European Commission's decision. These reactions opposing such measures cover a variety of allegations, notably the risk of short supply in volume or quality ranges, the effect of prices increases and the threat of massive job losses in the electrical transformer industry which uses GOES.
Fundamentally, some are stressing that any benefit of duties for the EU GOES producers is outweighed by the loss of cost competitiveness suffered by increased GOES prices to be paid by the EU electrical transformer industry. EUROFER reminds that none of these allegations has been substantiated.
EUROFER indicated that the EU GOES industry can offer the full range of products required to produce transformers within the EU. It is imperative that appropriate antidumping measures remain in place. The international competitiveness of the EU transformer industry would be severely at risk if the dumping of GOES on the EU market was not corrected and the EU GOES industry was severely crippled or eliminated.
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