EU Commission proposes provisional AD duties on HRC imports from Egypt, Japan, Vietnam

The European Commission said in a March 14 statement that it proposed to apply provisional antidumping duties ranging from 6.9% to 33% on its imports of flat hot-rolled coil steel products from Egypt, Japan and Vietnam.

In view of comparable dumping margins revealed by the AD investigation into the respective imports, the Commission proposes 12.1% and 15.6% duties for HRC originating, respectively, in Vietnam and Egypt.

The duties suggested for Japanese coils are significantly steeper except for Tokyo Steel, which faces 6.9%, but Daido Steel and JFE Steel Corp. are challenged with 32% and all the rest, including Nippon Steel, with 33% AD charges to be levied on their HRC sales to the EU.

HRC imports from India are part of the same investigation too, but no dumping margin has been identified so far, following the EU statement.

The proposed duties will not apply to stainless and grain-oriented silicon electrical steel, and tool and high-speed steel strip, as well as sheets in thicknesses exceeding 10mn and widths of 600mm or more.