The European Commission’s new quota period for steel imports between July 1 and September 20 has started.

According to a statement published in the country’s Official Gazette, Turkey has launched an anti dumping investigation on cold rolled stainless steel flat steel from China and Indonesia. The investigation covers the period between January 1, 2021, and December 31,2024.

In May this year, China’s stainless steel imports amounted to 174,400 mt down 10.14 pecent month to month, while up 23.05 percent year on year, according to China’s customs authorities.

EU trade policy is often influenced by the international situation. For example, when the EU has trade frictions or tensions with a country, it may adjust its import policy towards that country.

5.31, the European Commission issued a notice on the origin of China's stainless steel seamless steel pipe to make the second anti-dumping sunset review final ruling.

The EU's import restrictions on Chinese stainless steel cover a number of aspects, including the imposition of anti-dumping duties and countervailing duties, anti-circumvention investigations, requirements for products to meet stringent standards and certification requirements, as well as the provision of relevant documents and certificates. These measures are designed to protect the stainless steel industry within the EU and to ensure that imports do not create unfair competition in the EU market.

Turkey announced on December 31, 2023 an increase in import tariffs on some stainless steel products. In particular, the import tariff on cold rolled stainless steel coils was raised to 12% from 8% in 2023. This decision took effect on January 1, 2024.

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