Registration of Turkish imports of hot-rolled flat steel welcomed by Eurofer
by Hans Diederichs
The registration helps avoid opportunistic import surges ahead of the imposition of later duties
The European Steel Association (Eurofer) has welcomed the start of the registration of Turkish hot-rolled steel imports. This could potentially lead to the retroactive application of anti-dumping duties that are normally scheduled for January 2021.
Given the rules laid down in the basic trade defence regulation, the registration of imports is a condition for retroactive application of anti-dumping of possible provisional duties in January. The registration helps avoid opportunistic import surges ahead of the imposition of later duties. Practically, any imports entering the EU from Turkey as of 14 November 2020 could be subject to anti-dumping duties in the future.
“Anti-dumping procedures are slow and time consuming to deploy”, said Axel Eggert, Director General of Eurofer. “While the fourteen-month long investigation is ongoing imports will remain volatile and can quickly disrupt the EU market. Registration is, thus, a critical tool to ensure the effectiveness of EU trade defence instruments.”
Source: Eurofer Photo: Fotolia