The Turkish Steel Producers Association (TCUD) has welcomed the US Court of International Trade’s (CIT) decision not to impose countervailing duty (CVD) on imports of certain hot rolled flat steel products from Turkey as per the request of US-based steel producers and stated that the CIT’s approval of the view of the US International Trade Commission (USITC) that the subsidy rates for the mentioned imports are negligible has great importance for the Turkish steel industry, since it shows that Turkey’s steel exports comply with fair trade rules.
Meanwhile, the TCUD also stated that, as a result of the US measures against steel imports, the countries that export steel to the US may direct their steel exports to Turkey’s steel market, which is unprotected. Accordingly, the TCUD pointed out that urgent measures should be taken to protect Turkey’s steel industry from cheap and low quality imports.