According to a notice released in Turkey's Official Gazette today, the Turkish Prime Ministry's Undersecretariat for Foreign Trade (DTM) has revoked the antidumping (AD) duty on rolled billets or billets produced by continuous casting originating from Ukraine, Russian Federation and Moldova.
The decision was made following the completion of an expiry review initiated by the DTM in October 2006.
Although as a result of the review it has been determined that dumping of billets imported from the subject countries is likely to continue or reoccur once the duties are repealed, the DTM has determined that it will not cause injury to the Turkish industry.
The antidumping duty in question was originally imposed in 1995 and modified in 2001 following the investigation initiated upon the request filed by Turkish billet producers 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.