EUROMETAL REPORT ON EU STEEL TRADE CASES

Transcription

1 EUROMETAL REPORT ON EU STEEL TRADE CASES STATUS REPORT JUNE 2017 UPDATE: CHART 5 REGARDING AD DUTIES AND AS DUTIES ON HOT ROLLED FLATS FROM CHINA EUROMETAL European Federation of Steel, Tube and Metal Distribution and Trading Federation registered in Switzerland Federation Seat: Güterstrasse 78, CH-4010 Basel Federation Office: 202b, rue de Hamm, L-1713 Luxembourg M: office@eurometal.net; F: ; T: UPDATE: Eurometal.net 1

2 STATUS REPORT ON EU STEEL TRADE CASES EU TRADE CASES & IMPACT ON STEEL TRADE FLOWS IN 2016 AND IN FIRST 4 MONTHS 2017 PRESENTLY, 13 EU STEEL TRADE CASES ARE EITHER INVESTIGATED OR UNDER PROVISIONAL MEASURES OR UNDER DEFINITIVE MEASURES. UPDATE: Eurometal.net 2

3 AD 619 REBARS HIGH P.R.CHINA ANTIDUMPING FATIGUE PERFORM. CHINA 12 MONTHS ,7 12 MONTHS , / 2015 IN % - 83 % JANGYIN XICHENG 18,4 % JAMGYIN RUIHE METAL 18,4 % JIANGSU YONGGANG 22,5 % JIANGSU LIANFENG IND 22,5 % ZHANGIAGANG 22,5 % OTHERS 22,5 % CHINA 4 MONTHS ,3 4 MONTHS ,0 4 M 2017 / 4 M 2016 IN % PLUS

4 AD 620 COLD ROLLED CHINA ANTIDUMPING FLATS RUSSIAN FED. CHINA RUSSIAN FED. 12 MONTHS ,5 912,7 12 MONTHS ,1 158, / 2015 IN % - 86 % - 83 % CHINA RUSSIAN FED. 4 MONTHS ,2 119,3 4 MONTHS ,9 1,4 CHINA - ANGANG: 19,7 % - SHOUGANG: 22,1 % - COOP-CIES 20,5 % - OTHERS 22,1 % RUSSIAN FEDERATION - MAGNITOGORSK: 18,7 % - SEVERSTAL: 34,0 % - NOVOLIPETSK: 36,1 % - OTHERS: 36,1 % 4 M 2017 / 4 M 2016 IN % - 61 % - 99 %

5 UPDATE: AD 630 HOT ROLLED CHINA NO ANTIDUMPING FLATS AS 634 HOT ROLLED CHINA NOT APPLICABLE ANTI-SUBSIDY FLATS CHINA 12 MONTHS ,8 12 MONTHS , / 2015 IN % - 31 % CHINA 4 MONTHS ,8 4 MONTHS ,4 4 M 2017 / 4 M 2016 IN % - 99 % COMPANY RATES INJURY ELIMINATION COUNTERVAILING ANTI-DUMPING LEVEL DUTY RATE DUTY - BENXI GROUP 28,1 % 28,1 % 0,0 % - HESTEEL GROUP 18,1 % 7,8 % 10,3 % - JIANGSU SHAGANG GROUP: 35,9 % 4,6 % 31,3 % - SHOUGANG GROUP 31,5 % 31,5 % 0,0 % - OTHER COOP.CIES. AD & AS CASES 27,9 % 17,1 % 10,8 % - COOP.CIES. AD CASE ONLY 35,9 % 35,9 % 0,0 % - OTHERS: 35,9 % 35,9 % 0,0 % DEFINITIVE ANTI-SUBSIDY RATES AND ANTI-DUMPING DUTIES IMPOSED ON 09 JUNE 2017 BY EU COMMISSION

6 AD 631 HEAVY PLATES P.R. CHINA ANTIDUMPING EU IMPORTS IN 000 T: CHINA 12 MONTHS ,8 12 MONTHS , / 2015 IN % - 42 % NANJING ISCO: 73,1 % MINMETALS 65,1 % WUYANG ISCO 73,7 % COOPERAT.CIES. 70,6 % OTHERS 73,7 % EU IMPORTS IN 000 T: CHINA 4 MONTHS ,9 4 MONTHS ,2 4 M 2017 / 4 M 2016 IN %: - 99 %

7 AD 632 SEAMLESS P.R. CHINA NO ANTIDUMPING TUBES & PIPES CHINA 12 MONTHS ,6 12 MONTHS , / 2015 IN % 0 % YANGSHOU CHENGDE 45,4 % 29,2 % HUBEI 79,0 % 54,9 % YANGSHOU LONTRIN 43,5 % 39,9 % HENGYANG VALIN 73,3 % 48,2 % ZHEJIANG GROSS N.A. 48,2 % COOPERAT.CIES. 71,8 % 45,6 % OTHERS 81,1 % 54,9 % CHINA 4 MONTHS ,8 4 MONTHS ,8 4 M 2017 / 4 M 2016 IN % - 36 %

8 AD 633 REINFORCING BELARUS NO ANTIDUMPING BARS & RODS BELARUS 12 MONTHS ,9 12 MONTHS ,4 BMZ 12,5 % OTHERS 12,5 % 2016 / 2015 IN % - 35 % BELARUS 4 MONTHS ,2 4 MONTHS ,1 4 M 2017 / 4 M 2016 IN % - 89 %

9 AD 635 HOT ROLLED BRAZIL ANTI-DUMPING FLATS IRAN BRAZIL NO DECISION RUSSIAN FED. RUSSIAN FED. INVESTIGATION SERBIA ON-GOING UKRAINE BRAZIL IRAN RUSSIAN FED. SERBIA UKRAINE 12 MONTHS , , ,3 427, ,6 12 MONTHS ,9 928, ,0 341, , / 2015 IN % + 14 % - 8 % + 19% - 20 % - 4 % BRAZIL IRAN RUSSIAN FED. SERBIA UKRAINE 4 MONTHS ,0 400,3 609,1 102,8 377,9 4 MONTHS ,6 22,3 62,7 116,5 268,5 4 M 2017 / 4 M 2016 IN % - 25 % - 94 % - 90 % + 13 % - 29 %

10 CURRENT AD CASE AGAINST HRC FROM RUSSIA, UKRAINE, IRAN, SERBIA, BRAZIL ARGUMENTS OF EU COMMISSION AGAINST THE IMPOSITION OF PRELIMINARY MEASURES, DESPITE EVIDENT DUMPING FINDINGS 1. Impact on downstream operations in the EU (EU labour) % of all imports would be under measures % of Union production of HRC are for captive use. 4. Impact of subsequent price increases / increasing costs for steel users (tube in particular). 5. High risk of negative impact on earnings margins of downstream market players. 6. Monitoring in a first stage the effects of measures decided against Chinese HRC. 7. Further price development to be monitored by EU Commission 8. Investigation will continue and be on-going 9. Serbia investigation discontinued: share in EU market supply insignificant ( 1%) 10

11 AD 639 CORROSION CHINA ANTI-DUMPING RESISTANT FLATS CHEMICALLY PASSIVATED METALLIC COATED FLATS CHINA 12 MONTHS ,3 12 MONTHS , / 2015 IN % + 64 % METALLIC COATED FLATS CHINA 4 MONTHS ,8 4 MONTHS ,6 4 M 2017 / 4 M 2016 IN % + 64 %

12 R 642 STAINLESS INDIA N.A EXPIRY REVIEW BARS & RODS STAINLESS BARS & RODS INDIA 12 MONTHS ,4 12 MONTHS , / 2015 IN % + 9 % STAINLESS BARS & RODS INDIA 4 MONTHS ,4 4 MONTHS ,0 4 M 2017 / 4 M 2016 IN % + 4 %

13 R 651 STAINLESS COLD TAIWAN N.A ANTI-ABSORPTION ROLLED FLATS STAINLESS COLD ROLLED FLATS 12 MONTHS ,5 12 MONTHS , / 2015 IN % % TAIWAN ANTI-ABSORPTION INVESTIGATION TERMINATED ON 10.APRIL 2017 WITHOUT AMENDING MEASURES IN FORCE STAINLESS COLD ROLLED FLATS TAIWAN 4 MONTHS ,5 4 MONTHS ,1 4 M 2017 / 4 M 2016 IN % - 15 %

14 R 657 STAINLESS CHINA N.A EXPIRY REVIEW SEAMLESS TUBES AD 675 STAINLESS CHINA, N.A ANTI- SEAMLESS TUBES CONSIGNED CIRCUMVENTION FROM INDIA STAINLESS SEAMLESS TUBES CHINA INDIA 12 MONTHS ,0 18,7 12 MONTHS ,7 20, / 2015 IN % - 30 % + 8,6 % STAINLESS SEAMLESS TUBES CHINA INDIA 4 MONTHS ,2 6,7 4 MONTHS ,3 7,0 4 M 2017 / 4 M 2016 IN % PLUS + 4 %

15 IMPORTANT NOTICE: - DEFINITIVE DUTIES ARE DECIDED FOR A 5 YEARS PERIOD - DURING THIS PERIOD A SUNSET REVIEW MAY BE ASKED IN ORDER TO EXTEND THE VALIDITY - REGISTRATION OF IMPORTS MAY BE DECIDED FOR A PERIOD OF 3 MONTHS PRIOR TO PROVISIONAL DUTIES DATE PROVISIONAL DUTIES MAY BE DECIDED TO BE LEVIED FROM REGISTRATION DATE ON - A TERMINATION OF FINAL DUTIES BEFORE THE 5 YEARS TERM IS NOT FORESEEN IN THE EU RULE BOOK