TRADE: Commission imposes further anti-dumping duties on steel imports

Today, the Commission imposed definitive anti-dumping duties on imports of hot rolled stainless steel coils and sheets (SSHR) from Indonesia, China and Taiwan. The EU will now charge additional duties of 17.3% on imports from Indonesia, of up to 19% on imports from China and of up to 7.5% for imports from Taiwan. The decision follows a thorough investigation and aims to remediate the dumping-related damage caused to EU producers located mainly in Belgium, Italy and Finland. The new measure brings the total number of EU trade defence measures on steel up to 56. These measures help to safeguard nearly 200,000 jobs in the EU steel industry. This includes 2,350 jobs that will be protected thanks to today’s decision. More information on the EU trade defence action to correct unfair trading practices that hurt the European Union’s industry can be found here. Details of the today today’s decision are available in the EU Official Journal.