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EU oversees hot-rolled steel imports from Egypt, India, Japan, and Vietnam

The European Commission imposed surveillance measures on imports of certain hot-rolled flat steel products from Egypt, India, Japan, and Vietnam. Regulation (EU) 2024/2719, published October 24th, 2024, formalizes this action, resulting from an anti-dumping investigation announced on August 8th, 2024, in the Official Journal of the European Union.

EU oversees hot-rolled steel imports from Egypt, India, Japan, and Vietnam

The investigation, initiated June 24th, 2024, stemmed from a complaint filed by EUROFER, representing producers accounting for over 25% of the EU's total hot-rolled flat steel production.

The affected products are uncoated, iron or alloy steel hot-rolled flat products, not further processed after hot rolling, and supplied in coils or cut-to-length (including narrow strip products). These are classified under the following HS codes:

7208 10 00, 7208 25 00, 7208 26 00, 7208 27 00, 7208 36 00, 7208 37 00, 7208 38 00, 7208 39 00, 7208 40 00, 7208 52 10, 7208 52 99, 7208 53 10, 7208 53 90, 7208 54 00, 7211 13 00, 7211 14 00, 7211 19 00, ex 7225 19 10 (TARIC code 7225 19 10 90), 7225 30 90, ex 7225 40 60 (TARIC code 7225 40 60 90), 7225 40 90, ex 7226 19 10 (TARIC codes 7226 19 10 91, 7226 19 10 95), 7226 91 91, and 7226 91 99.

The Commission acted under Article 14(5) of the basic Regulation. This surveillance allows for the retroactive application of any anti-dumping duties levied as a result of the ongoing investigation, subject to certain conditions to be detailed in the final duty imposition regulation. The surveillance period ends nine months after the regulation's entry into force.

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