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    New EU trade case targets HRC imports

    Written by Laura Miller


    The European Commission has initiated a trade case investigating allegedly dumped hot-rolled coil imports from Egypt, India, Japan, and Vietnam.

    The European Steel Association (EUROFER) filed the complaint in June, according to an Aug. 8 notice in the Official Journal of the European Union.

    The dumping margins are “significant” for all four countries, according to the case initiation notice.

    The EC’s investigation of dumping and determination of injury to member states’ markets will cover the period April 1, 2023, to March 31, 2024.

    Provisional measures may be imposed in 7-8 months. The EC intends to conclude the investigation in 12-14 months.

    Laura Miller

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    US adjusts duties on Korean CR

    The US Department of Commerce has adjusted the countervailing duties on cold-rolled steel products from Korea. In the final results of an administrative review of the 2023 calendar year, Commerce assigned subsidy rates of 1.28% for Hyundai Steel and 3.64% for Posco. These differ slightly from the previous rates of 2.21% for Hyundai and 1.47% for Posco. Last year, South Korea sent 87,928 metric tons of cold-rolled sheet to the US, according to US import data. Year-to-date shipments through July are 56,331 mt.