EU Commission imposes definitive anti-dumping measures on Chinese steel product

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Betonbau (Foto: © RainerSturm /http://www.pixelio.de)

Brussels — The EU has imposed today definitive anti-dumping measures on Chinese imports of high fatigue performance reinforcement bars („HFP rebars“), a steel product widely used for reinforcing concrete in constructions. HFP rebars are a specific type corresponding to the standard used in the UK and in Ireland, which are produced in several EU member states as well as outside the EU.

The anti-dumping investigation on HFP rebars originating in China was initiated on 30 April 2015 following a complaint submitted by the EU industry and provisional measures were imposed on 29 January 2016. The definitive duties imposed today range from 18.4 percent to 22.5 percent and will be in place for five years.

Under World Trade Organisation (WTO) rules, the EU can impose anti-dumping duties on products from third countries if an investigation demonstrates that these products enter the EU at dumped prices that cause injury to the EU industry. Currently the EU has 37 anti-dumping and anti-subsidy measures in place on steel products, 15 of which on Chinese steel products.

Source: EU Commission