10,727.58 TRY BIST 100 BIST 100
36.60 USD USD USD
5.09 CNY CNY CNY
39.76 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
37.05 TRY Interest Interest
70.45 USD Fossil Oil Fossil Oil
33.88 USD Silver Silver
4.94 USD Copper Copper
104.46 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,518.13 TRY Gold (gr) Gold (gr)

Published in the Official Gazette! Critical regulation on steel

Two critical regulations for the steel industry were published in the Official Gazette.

Published in the Official Gazette! Critical regulation on steel

Accordingly, anti-dumping duties on Chinese rolled steel imports will continue at varying rates depending on the producer companies.

According to the first regulation, a dumping investigation was opened against imports of "hot rolled flat steel" originating from China, India, Japan and Russia.

Accordingly, the application made by the Turkish Steel Producers Association on behalf of domestic producers Çolakoğlu Metalurji AŞ, Ereğli Demir ve Çelik Fabrikaları TAŞ, İskenderun Demir ve Çelik AŞ, Habaş Sınai ve Tıbbi Gazlar İstihsal Endüstrisi AŞ and Tosçelik Profil ve Sac Endüstrisi AŞ was evaluated.

As a result of the examination, since it was understood that there was sufficient information, documents and evidence to open a dumping investigation, it was decided to open a dumping investigation within the framework of Article 20 of the Regulation for the product originating from China, India, Japan and Russia with the decision of the Unfair Competition in Imports Evaluation Board.

The second regulation directly targeted Chinese steel products

Accordingly, anti-dumping duties will be imposed on imports of "hot rolled non-rolled flat steel" (thick plate) originating from the People's Republic of China at varying rates depending on the producer company Jiangying Xingpeng Special Steel Works Co. Ltd. and others.

According to the communiqué on the prevention of unfair competition in imports published in the Official Gazette, the final review investigation conducted by the General Directorate of Imports of the Ministry of Trade for the product group in question was completed.

As a result of the investigation, it was determined that it is likely that dumping and damage will continue or re-occur in case the measure for these products originating in China is repealed.

Accordingly, dumping duties will continue to be imposed at the rate of 16.89 percent of the CIF value on imports of Jiangying Xingpeng Special Steel Works Co. Ltd. and 22.55 percent on imports from others, at rates varying according to the size of the hot-rolled non-rolled flat steel product.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

ArcelorMittal closes coating plant in Italy

Monday, March 17, 2025

Gerdau acquires Kloeckner’s Brazil operations

Monday, March 17, 2025

ArcelorMittal South Africa seeks government help to avoid plant closures

Monday, March 17, 2025

Tariff wars in the steel industry put Thailand in a difficult position

Monday, March 17, 2025

In India, the rise of EAF and green hydrogen in steel production

Monday, March 17, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now