Turkish steelmaker Colakoglu Dis Ticaret A.S. has expressed its dissatisfaction with the preliminary antidumping duty rates imposed by the US Department of Commerce (US DOC) on hot rolled coil (HRC) imports and said it intends to achieve a reduction of the antidumping rates in question, as reported by Turkish market sources.
On March 15, 2016, the US DOC announced its affirmative preliminary determinations in its antidumping (AD) duty investigations regarding certain hot rolled flat steel products from Australia, Brazil, Japan, South Korea, the Netherlands, Turkey, and the United Kingdom. In the investigation regarding imports from Turkey, mandatory respondents Colakoglu Metalurji A.S./Colakoglu Dis Ticaret A.S and Ereğli Demir ve Çelik Fabrikaları T.A.Ş./Iskendrun Demir ve Çelik T.A.Ş. received preliminary dumping margins of 7.07 percent and 5.24 percent, respectively. All other producers/exporters in Turkey received a preliminary dumping margin of 6.82 percent.