TRADE: Commission continues its action in support of fair trading conditions for EU steel producers

The Commission today imposed provisional anti-dumping duties on hot-rolled stainless steel coils and sheets from China, Indonesia and Taiwan. The duty rates go from 6% to 18.9% and are set at the level of the dumping margin for Taiwan and at the level of injury margin, i.e. the level necessary to remove economic damage for European producers – in case of exporters from China and Indonesia. The duties will apply for a maximum period of six months, during which the Commission will continue its investigations and decide whether to impose definitive measures. In parallel, the Commission follows also its anti-subsidy investigation on the same set of products. The measures adopted today bring the total number of EU trade defence measures on steel up to 55. The Commission continues defending EU companies against unfair trade and competition from abroad adjusting its procedures – in the limit of the EU international obligations under the WTO law – to the current particular circumstances. More information about today’s anti-dumping measures can be found in the EU Official Journal.