For this was discontinued the investigation into the incident with Serbia..
In the EU there are more than 40 distinct anti-dumping measures to protect European steel producers, which are used mainly to China.
In June, the import duties on steel from China was increased to 35.9%. See also “Metinvest” Akhmetov said about the loss of control over all enterprises in the occupied Donbas, the European Commission started investigation against hot-rolled rolled from Brazil, Iran, Russia, Ukraine, and Serbia in July last year in response to a complaint by the European steel Association Eurofer. The investigation revealed that the share of hot-rolled hire from all countries, except Serbia, to the EU market rose to 12.6% in mid-2016 from 7.5% in 2013. The prices for steel have fallen by a quarter.
Therefore, the EC decided to terminate the investigation in respect of Serbia and to impose duties to other producers. In particular, the EU may impose a fee in the amount of 19.4% for the products of Ukrainian metallurgical group “Metinvest”. Duty of 16.3 per cent envisaged for steel ArcelorMittal Brasil, 17,5% – Usinas Siderurgicas and 15.7% Companhia Siderurgica National. Steel Iran’s Mobarakeh Steel plans to impose a 23% tax. The EU also plans to introduce a fee in the amount of 15% for steel production NLMK, 33% for Magnitogorsk iron and steel works and 5.3% for Severstal.
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