EU decision on newly proposed HRC duties are awaited

EU decision on newly proposed HRC duties are awaited

Since January 1, 2003, South African origin steel products are exempted from EU's regular import duties through the presentation of EUR 1 certificates. HRC is however still subject to 5.2% anti-dumping duty until the EU decides whether to increase it or not. The Commission is expected to hold a voting with respect to the newly proposed duties. A final decision is expected to come during the meeting to be held on February 20, 2003.