EU imposes 5.6-28% anti-dumping duties on cold-rolled steel imports

Key facts

• The European Union is imposing anti-dumping duties on cold-rolled steel imports.
• The duties apply to imports from India, Japan, Taiwan, Turkey, and Vietnam.
• The duty rates range from 5.6% to 28%.
• Specific duty rates vary by country and producer.
• The measure targets alleged dumping practices.

The European Union has announced the imposition of anti-dumping duties on cold-rolled coil (CRC) steel imports originating from India, Japan, Taiwan, Turkey, and Vietnam. These duties are set to range between 5.6% and 28%, with the precise percentage varying depending on the specific country of export and the individual steel producer. The implementation of these tariffs is intended to counteract alleged dumping practices, where goods are sold at unfairly low prices in the EU market. The specific rates will be applied to imports from these nations, aiming to level the playing field for European steel manufacturers.