UK suspends AD duties on HRC from Iran and Russia

Wednesday, 08 November 2023 13:56:33 (GMT+3)   |   Istanbul
       

The UK government has announced that it has suspended antidumping duty on non-alloy or other alloy hot rolled coil (HRC) imported from Iran and Russia until the relevant import quota is exceeded. Nevertheless, as the antidumping duties for Russia-based MMK and other Russian companies are above the safeguard duty at 25 percent, only the portion of the antidumping duty exceeding the safeguard duty is charged. 

Origin 

Exporter 

Anti-dumping duty before suspension 

Anti-dumping duty after suspension 

Iran 

Mobarakeh Steel Company 

£48.12/mt (17.9%) 

All others 

£48.12/mt (17.9%) 

Russia 

Novolipetsk Steel 

£44.605/mt (15%) 

PJSC MMK 

£80.758/mt (33%) 

£19.57/mt (8%) 

PAO Severstal 

£14.729/mt (5.3%) 

All others 

£80.758/mt (33%) 

£19.57/mt (8%) 

The products in question currently fall under Customs Tariff Statistics Position Numbers 72 08 10 00 00, 72 08 25 00 00, 72 08 26 00 00, 72 08 27 00 00, 72 08 36 00 00, 72 08 37 00 10, 72 08 37 00 90, 72 08 38 00 10, 72 08 38 00 90, 72 08 39 00 10, 72 08 39 00 90, 72 08 40 00 10, 72 08 40 00 90, 72 08 52 10 00, 72 08 52 99 00, 72 08 53 10 00, 72 08 53 90 00, 72 08 54 00 00, 72 11 13 00 11, 72 11 13 00 19, 72 11 14 00 10, 72 11 14 00 91, 72 11 14 00 95, 72 11 19 00 10, 72 11 19 00 91, 72 11 19 00 95, 72 25 19 10 90, 72 25 30 90 00, 72 25 40 90 00, 72 26 19 10 91, 72 26 19 10 95, 72 26 91 91 11, 72 26 91 91 19, and 72 26 91 99 00.


Similar articles

Local and import HRC prices in EU stable amid moderate restocking

09 May | Flats and Slab

US HRC exports down 28.4 percent in March from February

09 May | Steel News

Ex-China CRC offer prices remain stable despite better mood locally

09 May | Flats and Slab

Major steel and raw material futures prices in China - May 9, 2024

09 May | Longs and Billet

Major steel and raw material futures prices in China - May 8, 2024

08 May | Longs and Billet

Emirati HRC buyers wait and see as China continues to raise offers

08 May | Flats and Slab

US steel exports down 5.4 percent in March from February

08 May | Steel News

US HRC imports up 40 percent in March from February

08 May | Steel News

Turkey’s HRC imports increase by 6.1 percent in January-March

08 May | Steel News

Stocks of main finished steel products in China down 3.1% in late April

08 May | Steel News