EUROFER’s Petition Against Turkish Cold-Rolled Coil Imports
The European Steel Association (EUROFER) filed an anti-dumping petition against Turkish cold-rolled coil (CRC) imports. The petition targets major Turkish producers such as Atakş Çelik, Çolakoğlu Metalurji, and Erdemir. EUROFER alleges these imports undercut fair market prices, damaging the EU steel industry. The petition covers a wide range of CRC products under specific TARIC codes, indicating a broad investigation scope.
The European Commission has yet to start the investigation, but the petition signals serious concerns within the EU steel sector. EUROFER bases its claims on market data showing Turkish CRC exports to Europe at prices below production costs. As a result, European steelmakers face unfair competition, threatening their market share and profitability.
Broader Anti-Dumping Measures in the EU Steel Market
The European Commission plans additional probes into CRC imports from India, Japan, and Taiwan. Market sources indicate the EC has already notified some Indian exporters about the pending investigation. The EU currently enforces anti-dumping duties on CRC from China and Russia, reflecting ongoing efforts to protect domestic steel production.
This expanding regulatory framework demonstrates the EU’s commitment to addressing unfair trade practices. Meanwhile, Turkish producers, among others, could face new tariffs that reshape steel import dynamics in Europe. The EC is expected to announce further details by the end of September.
SuperMetalPrice Commentary:
EUROFER’s petition highlights persistent trade tensions in the global steel market. Turkish cold-rolled coil imports at discounted prices threaten EU steelmakers’ competitiveness. As the European Commission intensifies investigations, expect increased trade protectionism and potential tariffs. This dynamic could drive shifts in global steel supply chains and pricing strategies. Steel producers worldwide should monitor regulatory developments closely, as the EU’s actions may set precedents for other regions combating dumping.
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