April 13, 2020

European Commission Imposes Anti-Dumping Duties On Stainless Steel From Three Countries And Calls For End To U.S. 232 Penalties

The European Commission announced last week that it will impose anti-dumping duties on some stainless steel products from China, Indonesia, and Taiwan. The New York Times explained, “The duties on hot-rolled stainless steel sheets and coils include a rate of 17 percent on shipments from two Indonesian subsidiaries of Chinese stainless steel maker Tsingshan Holding Group, whose rapid expansion and low production costs in the southeast Asian country have left EU producers fretting over market share.”

The Commission placed duties totaling 18.9 percent on Shanxi Taigang Stainless Steel Co. in China and its three affiliates. Penalties on other Chinese firms range from 14.5 percent to 17.4 percent. Duties on products from Taiwan range from six percent to 7.5 percent. According to the Commission, European Union imports from China, Indonesia, and Taiwan increased 66 percent between July 1, 2018 and June 30, 2019, reaching more than 30 percent of free market consumption.

Click here to read the Commission’s announcement and other information related to this action.

The Commission also announced last week that it had imposed tariffs on certain U.S. lighters, plastic fittings for furniture, and coachwork and playing cards in response to the United States’ expansion of Section 232 steel and aluminum duties to include certain derivative products. According to Politico, a Commission spokesperson said, “The current crisis, associated with the coronavirus pandemic, illustrates the importance of maintaining open trade and operational supply chains. In order to assist the recovery, we expect our partners to remove any unlawful duties in place, including those on steel and aluminum.” Click here for more on this story.

Meanwhile, the Times of India reports that the Indian government has asked the World Trade Organization to intervene regarding the United States’ Section 232 tariffs on derivative products.