trade defence measures in the eu and other countries targeting steel imports: in the course of 2014...

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Trade defence measures in the EU and other countries targeting steel imports: in the course of 2014 key markets are likely to seek further protection against steel imports Yuriy Rudyuk – Partner, Van Bael & Bellis (Brussels) Metal Expert Europe Steel Trade Conference 2014 Stresa, Italy, 27 - 29 April 2014

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Page 1: Trade defence measures in the EU and other countries targeting steel imports: in the course of 2014 key markets are likely to seek further protection against

Trade defence measures in the EU and other countries targeting steel imports:

in the course of 2014 key markets are likely to seek further protection against steel imports

Yuriy Rudyuk – Partner, Van Bael & Bellis (Brussels)

Metal Expert Europe Steel Trade Conference 2014

Stresa, Italy, 27 - 29 April 2014

Page 2: Trade defence measures in the EU and other countries targeting steel imports: in the course of 2014 key markets are likely to seek further protection against

AD investigations in the EU

Anti-dumping measures have often been used by the EU industry against unfair imports of steel products.

The “protectionist” era against general types of HRC, CRC and GOES is clearly over, while new AD proceedings against specific (more narrowly defined products) are now very likely.

New AD initiations in the EU in the iron and steel sector have been declining in 2013.

Page 3: Trade defence measures in the EU and other countries targeting steel imports: in the course of 2014 key markets are likely to seek further protection against

Country Product Type of investigation

Normal expiry

Date of initiation of

original investigation

Amount of duties(min – max)

China

Organic coated steel products (certain)

AD / AS 2018 2012 (AS)2011 (AD)

13,7% - 44,7% (AS) 5,9% - 26,1% (AD)

Silicon metal AD 2015 1989 16,3% - 19%

Wire rod AD 2014 2008 7,9% - 24,0%

PSC wires and strands (certain pre-and post-

stressing wires and wire strands of non-alloy steel)

AD 2014 2008 31.1% - 46,2%

India

Stainless steel bars (certain)

AS 2016 2010 3,3% - 4,3%

Stainless steel wires (SSW) AS 2018 2012 3,0% - 3,7%

China, Taiwan Stainless steel fasteners AD 2017 2004 8,8% - 27,5%

Morocco, China, Korea, Moldova, Ukraine

Steel wire ropes AD 2017 1998 51,8% - 60,4%

Turkey, Russia Tube and pipe fittings of iron or steel (certain)

AD 2018 2011 2,9% - 23,8%

China, Thailand Tube or pipe fittings AD 2014 1994 7,4% - 58,6%

Malaysia, Korea Tube or pipe fittings AD Under ER

2001 44,0% - 59,2%

Trade-defense measures on steel products in the EU

Page 4: Trade defence measures in the EU and other countries targeting steel imports: in the course of 2014 key markets are likely to seek further protection against

Potential future trade-defense investigations against steel products from Asia, Russia and the US

Likely targets for new AD investigations in the EU:

• cold-rolled steel products originating in China and Taiwan (imports from India and Korea could also be included in order to avoid discrimination).

• electrical steel from Russia (US and Japan are also in the risk group?)

In other countries: • US is investigating imports of electrical steel from China, South Korea,

Japan, Russia, Germany, the Czech Republic and Poland. • Taiwan is investigating imports of cold-rolled steel from China and

South Korea. • Brazil imposed anti-dumping duties last year on imports of cold-rolled

steel from China, Taiwan, South Korea, Vietnam, Germany and Finland.

Page 5: Trade defence measures in the EU and other countries targeting steel imports: in the course of 2014 key markets are likely to seek further protection against

Country Product Type of investigation

Normal expiry

Date of initiation of

original investigation

Amount of duties(min – max)

Ukraine Forged work-rolls AD 2014 2011 26%

China, Taiwan, Hong Kong, Macao

Cold-rolled flat steel products with polymer

coating

AD 2017 2011 8,1% - 22,6%

Trade-defense measures on steel products in the Customs Union of Belarus, Kazakhstan and Russia

Country Product Type of investigation

Normal expiry

Date of initiation of

original investigation

Amount of duties(min – max)

China Certain products of steel, not electrically isolated

(except products of corrosion-resistant (stainless) steel and

products for civil aircrafts) – steel ropes (HS 7312)

AD Under expiry review

2008 123%

Trade-defense measures on steel products in Ukraine

Page 6: Trade defence measures in the EU and other countries targeting steel imports: in the course of 2014 key markets are likely to seek further protection against

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