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The European Commission has announced that it has extended the anti-dumping and countervailing duties in force on imports of stainless steel cold rolled (SSCR) flat products from Indonesia to imports on the given products from Taiwan, Turkey and Vietnam.
The request for the investigation of possible circumvention of the measures imposed on stainless steel cold rolled flat products from Indonesia by imports of the given products consigned from Taiwan,Turkey and Vietnam was lodged on July 3, 2023, by the European Steel Association (EUROFER). The investigations showed that SSCR exported from Indonesia to the EU and SSCR consigned from Taiwan, Turkey and Vietnam, whether originating in Taiwan, Turkey and Vietnam or not, have the same basic physical and chemical characteristics and are therefore to be considered as like products.
Therefore, the commission extended the existing anti-dumping duty rate of 19.3% tp imports of the given products from Taiwan and Vietnam and extended the existing counterbvailing duty rate of 20.5% to imports of stainless steel cold rolled flat products from Taiwan, Turkey and Vietnam. The anti-dumping duties for the given products from Indonesia range at 9.3-20.2 percent, while the countervailing duties range at 0-21.4 percent.
The commission’s investigation has confirmed that a significant circumvention is taking place through imports from Taiwan, Turkey and Vietnam. The anti-circumvention measures published today are important to ensure the complete effectiveness of the original measures and to avoid that artificially cheap, dumped and subsidized semi-products ( stainless slabs and hot rolled coils) sourced from Indonesia freely enter the European market, endangering the European Stainless steel Industry.