COMMISSION IMPLEMENTING REGULATION (EU) 2021/1100
of 5 July 2021
imposing a definitive anti-dumping duty and definitively collecting the provisional duty imposed on imports of certain hot-rolled flat products of iron, non-alloy or other alloy steel originating in Turkey
1.
PROCEDURE
1.1.
Initiation
1.2.
Registration
1.3.
Provisional measures
1.4.
Subsequent procedure
1.5.
Sampling
1.6.
Individual examination
1.7.
Investigation period and period considered
1.8.
Change of geographical scope and procedural claims
2.
PRODUCT CONCERNED AND LIKE PRODUCT
2.1.
Claims regarding the product scope
2.2.
Conclusion
3.
DUMPING
3.1.
Application of Article 18 of the basic Regulation
3.2.
Normal value
3.3.
Export price
3.4.
Comparison
3.5.
Dumping margins
Company |
Definitive dumping margin |
||||
Çolakoğlu Metalurji A.Ş. |
7,3 % |
||||
Erdemir group:
|
5,0 % |
||||
Habaş Sinai Ve Tibbi Gazlar İstihsal Endüstrisi A.Ş. |
4,7 % |
||||
Ağir Haddecilik |
5,7 % |
||||
Borçelik Çelik Sanayii Ticaret A.Ş. |
5,7 % |
||||
All other companies |
7,3 % |
4.
INJURY
4.1.
Definition of the Union industry and Union production
4.2.
Determination of the relevant Union market
4.3.
Union consumption
4.3.1.
Free market consumption in the Union
|
2016 |
2017 |
2018 |
IP |
Union consumption on the free market |
33 – 34 million |
32 – 33 million |
34 – 35 million |
33 – 34 million |
Index |
100 |
96 |
102 |
99 |
Source: Eurofer, sampled Union producers and Eurostat |
4.3.2.
Captive consumption on the Union market
|
2016 |
2017 |
2018 |
IP |
Captive Union consumption |
42,5 – 45,5 million |
44 – 47 million |
43,5 – 46,5 million |
39,5 – 42,5 million |
Index |
100 |
103 |
102 |
93 |
Source: Eurofer and sampled Union producers |
4.3.3.
Overall consumption
|
2016 |
2017 |
2018 |
IP |
Overall Union consumption |
78 – 81 million |
78 – 81 million |
80 – 83 million |
74 – 77 million |
Index |
100 |
100 |
102 |
95 |
Source: Eurofer, sampled Union producers and Eurostat |
4.4.
Imports from Turkey
4.4.1.
Volume and market share of the imports from Turkey
|
2016 |
2017 |
2018 |
IP |
Volume of imports from Turkey (tonnes) |
934 651 |
1 738 017 |
2 779 174 |
2 767 658 |
Index |
100 |
186 |
297 |
296 |
Market share on free market (%) |
2,8 – 3,1 |
5,3 – 5,6 |
7,8 – 8,1 |
8,2 – 8,5 |
Index |
100 |
190 – 220 |
270 -300 |
270 – 300 |
Source: Eurofer, sampled Union producers and Eurostat |
4.4.2.
Prices of the imports from Turkey and price undercutting
|
2016 |
2017 |
2018 |
IP |
Turkey |
363 |
490 |
538 |
492 |
Index |
100 |
135 |
148 |
136 |
Source: Eurostat |
4.5.
Economic situation of the Union industry
4.5.1.
General remarks
4.5.2.
Macroeconomic indicators
4.5.2.1. Production, production capacity and capacity utilisation
|
2016 |
2017 |
2018 |
IP |
Production volume (tonnes) |
74 – 77,5 million |
77 – 80,5 million |
76 – 79,5 million |
71 – 74,5 million |
Index |
100 |
104 |
102 |
96 |
Production capacity (tonnes) |
88 – 93 million |
89 – 94,5 million |
90 – 95,5 million |
91 – 96 million |
Index |
100 |
102 |
103 |
104 |
Capacity utilisation (%) |
84 |
86 |
84 |
78 |
Index |
100 |
102 |
99 |
93 |
Source: Eurofer, sampled Union producers and Eurostat |
4.5.2.2. Sales volume and market share
|
2016 |
2017 |
2018 |
IP |
Union industry EU sales (tonnes) |
24 – 27 million |
24 – 27,5 million |
25 – 28,4 million |
24,5 – 27,5 million |
Index |
100 |
101 |
103 |
103 |
Market share (%) |
75 – 76 |
79 – 80 |
76 – 77 |
78 – 79 |
Index |
100 |
105 |
102 |
104 |
Source: Eurofer, sampled Union producers and Eurostat |
|
2016 |
2017 |
2018 |
IP |
Captive Union market volume (tonnes) |
42,5 – 45,5 million |
44 – 47 million |
43,5 – 46,5 million |
39,5 – 42,5 million |
Index |
100 |
103 |
102 |
93 |
Total production of Union industry (tonnes) |
73 – 76 million |
76 – 79 million |
75 – 78 million |
70 – 73 million |
Index |
100 |
104 |
102 |
96 |
Share of captive market over the total Union production (%) |
61 |
61 |
61 |
59 |
Index |
100 |
99 |
99 |
96 |
Source: Eurofer, sampled Union producers and Eurostat |
4.5.2.3. Growth
4.5.2.4. Employment and productivity
|
2016 |
2017 |
2018 |
IP |
Number of employees |
38 – 40 thousand |
42 – 44 thousand |
38 – 40 thousand |
37 – 39 thousand |
Index |
100 |
112 |
103 |
100 |
Productivity (tonnes per staff) |
1 900 – 2 000 |
1 700 – 1 800 |
1 900 – 2 000 |
1 800 – 1 900 |
Index |
100 |
92 |
99 |
96 |
Source: Eurofer and sampled Union producers |
4.5.2.5. Magnitude of the dumping margin and recovery from past dumping
4.5.3.
Microeconomic indicators
4.5.3.1. Prices and factors affecting prices
|
2016 |
2017 |
2018 |
IP |
Average unit sales price on free market (EUR/tonne) |
393 |
532 |
574 |
534 |
Index |
100 |
135 |
146 |
136 |
Unit cost of production (EUR/tonne) |
413 |
497 |
540 |
560 |
Index |
100 |
121 |
131 |
136 |
Source: Sampled Union producers |
4.5.3.2. Labour costs
|
2016 |
2017 |
2018 |
IP |
(EUR) |
74 295 |
78 101 |
79 241 |
83 187 |
Index |
100 |
105 |
107 |
112 |
Source: Sampled Union producers |
4.5.3.3. Inventories
|
2016 |
2017 |
2018 |
IP |
Closing stocks (tonnes) |
1 033 364 |
1 207 363 |
843 448 |
862 918 |
Index |
100 |
117 |
82 |
84 |
Closing stocks as a percentage of production (%) |
4,5 – 5,5 |
5 – 6 |
4 – 5 |
4 – 5 |
Index |
100 |
110 |
81 |
85 |
Source: Sampled Union producers |
4.5.3.4. Profitability, cash flow, investments, return on investments and ability to raise capital
|
2016 |
2017 |
2018 |
IP |
Profitability of sales in the Union to unrelated customers (% of sales turnover) |
-3,4 |
6,8 |
6,7 |
-6,1 |
Index |
-100 |
197 |
197 |
-178 |
Cash flow (EUR) |
- 140 233 454 |
441 132 791 |
621 327 297 |
- 308 067 291 |
Index |
-100 |
315 |
443 |
-220 |
Investments (EUR) |
144 626 230 |
234 309 366 |
210 822 274 |
156 161 956 |
Index |
100 |
162 |
146 |
108 |
Return on investments (%) |
-3,1 |
9,7 |
10,2 |
-13,0 |
Index |
-100 |
317 |
331 |
-424 |
Source: Sampled Union producers |
4.6.
Conclusion on injury
5.
CAUSATION
5.1.
Effects of the dumped imports
5.2.
Effects of other factors
5.2.1.
Imports from third countries
Country |
|
2016 |
2017 |
2018 |
IP |
Russian Federation |
Volume (tonnes) |
1 935 269 |
720 339 |
1 587 740 |
1 340 462 |
Index |
100 |
37 |
82 |
69 |
|
Market share (%) |
5 – 6 |
2 – 3 |
4 – 5 |
3- 4 |
|
Index |
100 |
39 |
81 |
70 |
|
Average price (EUR/tonne) |
335 |
468 |
496 |
443 |
|
Index |
100 |
140 |
148 |
132 |
|
Serbia |
Volume (tonnes) |
348 619 |
465 158 |
733 711 |
860 953 |
Index |
100 |
133 |
210 |
247 |
|
Market share (%) |
0 – 1 |
1 – 2 |
2- 3 |
2- 3 |
|
Index |
100 |
139 |
207 |
249 |
|
Average price (EUR/tonne) |
386 |
498 |
547 |
479 |
|
Index |
100 |
129 |
142 |
124 |
|
India |
Volume (tonnes) |
430 713 |
1 098 632 |
884 455 |
847 584 |
Index |
100 |
255 |
205 |
197 |
|
Market share (%) |
1 – 2 |
3- 4 |
2- 3 |
2 – 3 |
|
Index |
100 |
266 |
202 |
199 |
|
Average price (EUR/tonne) |
403 |
494 |
531 |
464 |
|
Index |
100 |
122 |
132 |
115 |
|
Brazil |
Volume (tonnes) |
654 633 |
369 251 |
266 555 |
114 142 |
Index |
100 |
56 |
41 |
17 |
|
Market share (%) |
1- 2 |
1- 2 |
0 – 1 |
0- 1 |
|
Index |
100 |
59 |
40 |
18 |
|
Average price (EUR/tonne) |
362 |
494 |
531 |
485 |
|
Index |
100 |
136 |
147 |
134 |
|
Ukraine |
Volume (tonnes) |
1 078 716 |
606 830 |
131 928 |
106 797 |
Index |
100 |
56 |
12 |
10 |
|
Market share (%) |
3 – 4 |
1- 2 |
0 – 1 |
0 – 1 |
|
Index |
100 |
59 |
12 |
10 |
|
Average price (EUR/tonne) |
331 |
466 |
472 |
424 |
|
Index |
100 |
141 |
142 |
128 |
|
Iran |
Volume (tonnes) |
917 783 |
76 707 |
56 026 |
3 377 |
Index |
100 |
8 |
6 |
0 |
|
Market share (%) |
2- 3 |
0 – 1 |
0 – 1 |
0 – 1 |
|
Index |
100 |
9 |
6 |
0 |
|
Average price (EUR/tonne) |
305 |
428 |
489 |
504 |
|
Index |
100 |
140 |
160 |
165 |
|
China |
Volume (tonnes) |
1 024 619 |
8 456 |
579 |
525 |
Index |
100 |
0,83 |
0,06 |
0,05 |
|
Market share (%) |
2 – 3 |
0 – 1 |
0 – 1 |
0 – 1 |
|
Index |
100 |
1 |
0 |
0 |
|
Average price (EUR/tonne) |
325 |
667 |
3 760 |
3 177 |
|
Index |
100 |
205 |
1 158 |
978 |
|
Other third countries |
Volume (tonnes) |
935 804 |
1 560 157 |
1 507 414 |
1 242 177 |
Index |
100 |
167 |
161 |
133 |
|
Market share (%) |
2 – 3 |
4 – 5 |
4 – 5 |
3 – 4 |
|
Index |
100 |
174 |
159 |
134 |
|
Average price (EUR/tonne) |
384 |
493 |
562 |
523 |
|
Index |
100 |
128 |
146 |
136 |
|
Total of all third countries except Turkey |
Volume (tonnes) |
7 326 155 |
4 905 531 |
5 168 408 |
4 516 016 |
Index |
100 |
67 |
71 |
62 |
|
Market share (%) |
21 – 22 |
15 – 16 |
15 – 16 |
12,5 – 13,5 |
|
Index |
100 |
70 |
69 |
62 |
|
Average price (EUR/tonne) |
344 |
480 |
530 |
477 |
|
Index |
100 |
141 |
154 |
139 |
|
Source: Eurostat |
5.2.2.
Export performance of the Union industry
|
2016 |
2017 |
2018 |
IP |
Export volume (tonnes) |
1 – 2 million |
1 – 2 million |
1 – 2 million |
1 – 2 million |
Index |
100 |
102 |
102 |
121 |
Average price (Euro/tonne) |
376 |
502 |
554 |
468 |
Index |
100 |
133 |
147 |
124 |
Source: Eurofer (volumes) and sampled Union producers (average prices) |
5.2.3.
Captive consumption
5.2.4.
Evolution of demand
5.2.5.
Raw material prices
5.2.6.
Other factors
5.3.
Conclusion on causation
6.
LEVEL OF MEASURES
6.1.
Underselling margin
Country |
Company |
Dumping margin |
Underselling margin |
|||
Turkey |
Çolakoğlu Metalurji A.Ş. |
7,3 % |
19,5 % |
|||
Erdemir group:
|
5,0 % |
21 % |
||||
Habaş Sinai Ve Tibbi Gazlar İstihsal Endüstrisi A.Ş. |
4,7 % |
20,5 % |
||||
Ağir Haddecilik A.Ş. |
5,7 % |
20,3 % |
||||
Borçelik Çelik Sanayii Ticaret A.Ş. |
5,7 % |
20,3 % |
||||
All other companies |
7,3 % |
21 % |
6.2.
Examination of the margin adequate to remove the injury to the Union industry
6.3.
Conclusion
Country |
Company |
Definitive anti-dumping duty |
|||
Turkey |
Çolakoğlu Metalurji A.Ş. |
7,3 % |
|||
Erdemir group:
|
5,0 % |
||||
Habaş Sinai Ve Tibbi Gazlar İstihsal Endüstrisi A.Ş. |
4,7 % |
||||
Ağir Haddecilik A.Ş. |
5,7 % |
||||
Borçelik Çelik Sanayii Ticaret A.Ş. |
5,7 % |
||||
All other companies |
7,3 % |
7.
UNION INTEREST
7.1.
Interest of the Union industry
7.2.
Interest of unrelated importers
7.3.
Interest of users
7.4.
Other factors
7.5.
Conclusion on Union interest
8.
DEFINITIVE ANTI-DUMPING MEASURES
8.1.
Definitive measures
Country |
Company |
Definitive anti-dumping duty |
|||
Turkey |
Çolakoğlu Metalurji A.Ş. |
7,3 % |
|||
Erdemir group:
|
5,0 % |
||||
Habaş Sinai Ve Tibbi Gazlar İstihsal Endüstrisi A.Ş. |
4,7 % |
||||
Ağir Haddecilik A.Ş. |
5,7 % |
||||
Borçelik Çelik Sanayii Ticaret A.Ş. |
5,7 % |
||||
All other companies |
7,3 % |
8.2.
Definitive collection of the provisional duties
8.3.
Retroactivity
|
IP |
June 2020 to December 2020 |
June 2020 to January 2021 |
|||
|
tonnes |
tonnes/month |
tonnes |
tonnes/month |
tonnes |
tonnes/month |
HRFS imports from Turkey |
2 767 658 |
230 638 |
1 031 186 |
147 312 |
1 194 329 |
149 291 |
Source: Eurostat (EU 27) |
9.
UNDERTAKING OFFER
10.
FINAL PROVISIONS
Article 1
Country |
Company |
Definitive anti-dumping duty rate |
TARIC additional code |
|||
Turkey |
Çolakoğlu Metalurji A.Ş. |
7,3 % |
C602 |
|||
Erdemir group:
|
5,0 % |
C603 |
||||
Habaş Sinai ve Tibbi Gazlar İstihsal Endüstrisi A.Ş. |
4,7 % |
C604 |
||||
Ağir Haddecilik A.Ş. |
5,7 % |
C605 |
||||
Borçelik Çelik Sanayii Ticaret A.Ş. |
5,7 % |
C606 |
||||
All other companies |
7,3 % |
C999 |