The European Commission (EC) has announced that it has reopened its antidumping (AD) duty investigation regarding stainless cold rolled (CR) flat steel product imports from Taiwan following a complaint filed by the European Steel Association (EUROFER). The commission will investigate whether the antidumping measures imposed on imports of the mentioned products have had an effect on export prices, resale prices or subsequent selling prices in the European Union.
According to the commission, EUROFER submitted sufficient evidence showing that, after the original investigation period and prior to and following the imposition of the antidumping duties on imports of the product under investigation, export prices have decreased. This has impeded the intended remedial effects of the measures in force. The evidence contained in the request indicates that the decrease in prices cannot be explained by changes in raw material prices, energy costs, labor costs or exchange rates. In addition, EUROFER also stated that imports of the product under investigation have continued to enter the EU in significant volumes.
The original antidumping duty investigation was launched in June 2014 upon the application by EUROFER. In August last year, the commission decided to impose definitive antidumping duty of 6.8 percent for Taiwan.
The products in question currently fall within CN codes 7219 31 00, 7219 32 10, 7219 32 90, 7219 33 10, 7219 33 90, 7219 34 10, 7219 34 90, 7219 35 10, 7219 35 90, 7220 20 21, 7220 20 29, 7220 20 41, 7220 20 49, 7220 20 81 and 7220 20 89.