COMMISSION IMPLEMENTING REGULATION (EU) 2024/3193
of 19 December 2024
imposing a definitive anti-dumping duty on imports of seamless pipes and tubes originating in Russia following an expiry review pursuant to Article 11(2) of Regulation (EU) 2016/1036 of the European Parliament and of the Council
1.
PROCEDURE
1.1.
Previous investigations and measures in force
1.2.
Request for an expiry review
1.3.
Initiation of an expiry review
1.4.
Review investigation period and period considered
1.5.
Interested parties
1.6.
Comments on initiation
1.7.
Sampling
1.7.1.
Sampling of Union producers
1.7.2.
Sampling of importers
1.7.3.
Sampling of exporting producers
1.8.
Replies to the questionnaire.
1.9.
Verification
1.10.
Subsequent procedure
2.
PRODUCT UNDER REVIEW, PRODUCT CONCERNED AND LIKE PRODUCT
2.1.
Product under review
2.2.
Product concerned
2.3.
Like product
3.
DUMPING
3.1.
Preliminary remarks
3.2.
Normal value
3.3.
Export price and comparison
3.4.
Continuation of dumping
4.
LIKELIHOOD OF RECURRENCE OF DUMPING
4.1.
Exports to third countries
|
Quantities (tonnes) |
Value (RUB) |
Average CIF price RUB/tonne |
Value (EUR) |
Average CIF price EUR/tonne |
||
Azerbaijan |
19 528 |
2 655 586 313 |
135 988 |
36 285 417 |
1 858 |
||
Egypt |
8 132 |
1 055 346 428 |
129 772 |
14 259 460 |
1 753 |
||
Kazakhstan |
165 120 |
15 167 784 509 |
91 859 |
206 459 767 |
1 250 |
||
Türkiye |
26 245 |
2 215 290 331 |
84 408 |
32 729 925 |
1 247 |
||
Uzbekistan |
46 199 |
6 399 634 010 |
138 524 |
89 206 233 |
1 931 |
||
Vietnam |
11 857 |
1 679 049 213 |
141 603 |
22 372 223 |
1 887 |
||
Other third countries |
16 244 |
1 854 371 271 |
114 160 |
25 305 062 |
1 558 |
||
Total |
293 325 |
31 027 062 075 |
105 777 |
426 618 087 |
1 454 |
||
|
4.2.
Production capacity and spare capacity in Russia
4.3.
Attractiveness of the Union market
4.4.
Conclusion
5.
INJURY
5.1.
Definition of the Union industry and Union production
5.2.
Union consumption
|
2020 |
2021 |
2022 |
RIP (1.7.2022–30.6.2023) |
||
Total Union consumption |
1 366 874 |
1 691 672 |
1 647 545 |
1 574 441 |
||
Index |
100 |
124 |
121 |
115 |
||
|
5.3.
Imports from Russia
5.3.1.
Volume and market share of the imports from Russia
|
2020 |
2021 |
2022 |
RIP (1.7.2022–30.6.2023) |
||
Volume of imports from Russia (tonnes) |
845 |
3 029 |
1 008 |
0 |
||
Index |
100 |
359 |
119 |
0 |
||
Market share |
0,1 % |
0,2 % |
0,1 % |
0 % |
||
|
5.3.2.
Prices of the imports from Russia and price undercutting
|
2020 |
2021 |
2022 |
RIP (1.7.2022–30.6.2023) |
||
Country concerned |
679 |
626 |
863 |
n.a. |
||
Index |
100 |
92 |
127 |
n.a. |
||
|
5.4.
Imports from third countries other than the country concerned
Country |
|
2020 |
2021 |
2022 |
RIP (1.7.2022–30.6.2023) |
||
Brazil |
Volume (tonnes) |
5 413 |
4 756 |
11 219 |
15 652 |
||
Index |
100 |
88 |
207 |
289 |
|||
Market share |
0,4 % |
0,3 % |
0,7 % |
1,0 % |
|||
Index |
100 |
71 |
172 |
251 |
|||
Average price (EUR/tonne) |
721 |
1 609 |
1 146 |
1 363 |
|||
Index |
100 |
223 |
159 |
189 |
|||
People’s Republic of China |
Volume (tonnes) |
70 731 |
65 671 |
87 256 |
145 999 |
||
Index |
100 |
93 |
123 |
206 |
|||
Market share |
5,2 % |
3,9 % |
5,3 % |
9,3 % |
|||
Index |
100 |
75 |
102 |
179 |
|||
Average price (EUR/tonne) |
803 |
976 |
1 434 |
1 454 |
|||
Index |
100 |
122 |
179 |
181 |
|||
United States of America |
Volume (tonnes) |
22 842 |
11 191 |
13 029 |
14 725 |
||
Index |
100 |
49 |
57 |
64 |
|||
Market share |
1,7 % |
0,7 % |
0,8 % |
0,9 % |
|||
Index |
100 |
40 |
47 |
56 |
|||
Average price (EUR/tonne) |
532 |
567 |
951 |
1 001 |
|||
Index |
100 |
107 |
179 |
188 |
|||
Ukraine |
Volume (tonnes) |
61 914 |
65 515 |
68 492 |
63 248 |
||
Index |
100 |
106 |
111 |
102 |
|||
Market share |
4,5 % |
3,9 % |
4,2 % |
4,0 % |
|||
Index |
100 |
85 |
92 |
89 |
|||
Average price (EUR/tonne) |
628 |
675 |
1 273 |
1 382 |
|||
Index |
100 |
108 |
203 |
220 |
|||
Other third countries |
Volume (tonnes) |
27 389 |
62 816 |
54 208 |
40 944 |
||
Index |
100 |
229 |
198 |
149 |
|||
Market share |
2,0 % |
3,7 % |
3,3 % |
2,6 % |
|||
Index |
100 |
185 |
164 |
130 |
|||
Average price (EUR/tonne) |
955 |
994 |
1 637 |
1 988 |
|||
Index |
100 |
104 |
171 |
208 |
|||
Total of all third countries except Russia |
Volume (tonnes) |
188 289 |
209 948 |
234 204 |
280 568 |
||
Index |
100 |
112 |
124 |
149 |
|||
Market share |
13,8 % |
12,4 % |
14,2 % |
17,8 % |
|||
Index |
100 |
90 |
103 |
129 |
|||
Average price (EUR/tonne) |
732 |
880 |
1 394 |
1 487 |
|||
Index |
100 |
120 |
190 |
203 |
|||
|
5.5.
Economic situation of the Union industry
5.5.1.
General remarks
5.5.2.
Macroeconomic indicators
5.5.2.1.
Production, production capacity and capacity utilisation
|
2020 |
2021 |
2022 |
RIP (1.7.2022–30.6.2023) |
||
Production volume (tonnes) |
1 958 225 |
2 387 643 |
2 542 903 |
2 376 471 |
||
Index |
100 |
122 |
130 |
121 |
||
Production capacity (tonnes) |
4 597 448 |
4 384 175 |
4 353 685 |
4 270 481 |
||
Index |
100 |
95 |
95 |
93 |
||
Capacity utilisation |
42,6 % |
54,5 % |
58,4 % |
55,6 % |
||
Index |
100 |
128 |
137 |
131 |
||
|
5.5.2.2.
Sales volume and market share
|
2020 |
2021 |
2022 |
RIP (1.7.2022–30.6.2023) |
||
Sales volume on the Union market |
1 177 740 |
1 478 694 |
1 412 334 |
1 293 873 |
||
Index |
100 |
126 |
120 |
110 |
||
Market share |
86,2 % |
87,4 % |
85,7 % |
82,2 % |
||
Index |
100 |
101 |
99 |
95 |
||
|
5.5.2.3.
Growth
5.5.2.4.
Employment and productivity
|
2020 |
2021 |
2022 |
RIP (1.7.2022–30.6.2023) |
||
Number of employees |
13 872 |
13 739 |
14 858 |
14 236 |
||
Index |
100 |
99 |
107 |
103 |
||
Productivity (unit/employee) |
141 |
174 |
171 |
167 |
||
Index |
100 |
123 |
121 |
118 |
||
|
5.5.2.5.
Magnitude of the dumping margin and recovery from past dumping
5.5.3.
Microeconomic indicators
5.5.3.1.
Average unit selling prices on the Union market and unit cost of production.
|
2020 |
2021 |
2022 |
RIP (1.7.2022–30.6.2023) |
||
Average unit sales price in the Union on the total market |
[900 –1 050 ] |
[950 –1 200 ] |
[1 600 –1 850 ] |
[1 650 –1 950 ] |
||
Index |
100 |
[105 –120 ] |
[165 –190 ] |
[170 –200 ] |
||
Unit cost of production |
[1 100 –1 250 ] |
[1 100 –1 250 ] |
[1 550 –1 850 ] |
[1 600 –1 900 ] |
||
Index |
100 |
[95 –110 ] |
[135 –155 ] |
[135 –160 ] |
||
|
5.5.3.2.
Labour costs
|
2020 |
2021 |
2022 |
RIP (1.7.2022–30.6.2023) |
||
Average labour costs per employee (EUR) |
[39 000 –46 000 ] |
[49 000 –58 000 ] |
[48 000 –58 000 ] |
[50 000 – 58 000 ] |
||
Index |
100 |
[115 –135 ] |
[115 –135 ] |
[120 –140 ] |
||
|
5.5.3.3.
Inventories
|
2020 |
2021 |
2022 |
RIP (1.7.2022–30.6.2023) |
||
Closing stocks (tonnes) |
[17 000 –20 000 ] |
[24 000 –29 000 ] |
[22 000 – 26 000 ] |
[15 000 –18 000 ] |
||
Index |
100 |
[130 – 150 ] |
[120 – 140 ] |
[80 – 95 ] |
||
Closing stocks as a percentage of production |
[6,2 % – 7,2 %] |
[6,5 % – 7,5 %] |
[5,5 % – 6,5 %] |
[4 % – 4,8 %] |
||
Index |
100 |
[95 –110 ] |
[85 –100 ] |
[60 –70 ] |
||
|
5.5.3.4.
Profitability, cash flow, investments, return on investments and ability to raise capital.
|
2020 |
2021 |
2022 |
RIP (1.7.2022–30.6.2023) |
||
Profitability of sales in the Union to unrelated customers (% of sales turnover) |
[–8,5 % – +10 %] |
[–1,9 % – +2,2 %] |
[+10,5 % – +12,2 %] |
[+13,5 % – +16 %] |
||
Index |
100 |
[-20 – +23 ] |
[+ 110 – + 130 ] |
[+ 145 – + 170 ] |
||
Cash flow (M.EUR) |
[220 –260 ] |
[340 –410 ] |
[600 –710 ] |
[650 –800 ] |
||
Index |
100 |
[140 –170 ] |
[250 –300 ] |
[270 –310 ] |
||
Investments (M.EUR) |
[23 –27 ] |
[9 –10 ] |
[27 –31 ] |
[34 –41 ] |
||
Index |
100 |
[35 –40 ] |
[105 –120 ] |
[140 –160 ] |
||
Return on investments |
[–1,0 % – –1,3 %] |
[+2,6 % – +3,1 %] |
[+28 % –+33 %] |
[+36 % – +43 %] |
||
Index |
100 |
[+ 230 – + 270 ] |
[+2 400 – +2 800 ] |
[+3 100 – +3 600 ] |
||
|
5.6.
Conclusion on injury
6.
LIKELIHOOD OF RECURRENCE OF INJURY
7.
UNION INTEREST
7.1.
Interest of the Union industry
7.2.
Interest of unrelated importers
7.3.
Interest of users
7.4.
Conclusion on Union interest
8.
ANTI-DUMPING MEASURES
Article 1
Company |
Anti-dumping duty (%) |
TARIC additional code |
Joint Stock Company Chelyabinsk Tube Rolling Plant and Joint Stock Company Pervouralsky Novotrubny Works |
24,1 |
A741 |
OAO Volzhsky Pipe Plant, OAO Taganrog Metallurgical Works, OAO Sinarsky Pipe Plant and OAO Seversky Tube Works |
28,7 |
A859 |
All other imports originating in Russia |
35,8 |
A999 |