Ankara initiates review for billets from Russia, Moldova and Ukraine

According to a notice released in the Official Gazette today, the Turkish Prime Ministry's Undersecretariat for Foreign Trade (DTM), upon the request of several Turkish producers, has initiated a final review, effective as of today, for “rolled billets or billets produced by continuous casting” imported from Russia, Moldova and Ukraine. The Turkish producers who made the request were Colakoglu Metalurji A.S, Isdemir A.S, Izdemir A.S, Icdas Celik Tersane ve Ulasim Sanayi A.S, Diler Demir Çelik Endustrisi Ticaret A.S, and Yazici Demir Celik Sanayi ve Ticaret A.S. Upon finding sufficient evidence that the revocation of the existing measures against billets imported from the subject countries would likely lead to a continuation or recurrence of dumping in the local Turkish market, the DTM decided to initiate a final review for the prevailing duties. Currently, anti-dumping duty for Russia and Moldova is $7/ton, while it is $4/ton for Ukraine.