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%) 

0 

All others 

£48.12/mt (17.9%) 

0 

Russia 

Novolipetsk Steel 

£44.605/mt (15%) 

0 

PJSC MMK 

£80.758/mt (33%) 

£19.57/mt (8%) 

PAO Severstal 

£14.729/mt (5.3%) 

0 

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.

DamlaTükenmez
Damla Tükenmez
Editor
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I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.

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