Europe starts prior surveillance of imports to crack down on dumping

In an attempt to act more swiftly in trade defence matters, the European Commission will start to monitor certain steel products, for which importers will be required to obtain import licences.


The imports from third countries to be placed under surveillance range from flat, long and stainless steels to various special steel products, exceeding 2.5 tonnes in net weight but excluding those originating from Norway, Iceland or Lichtenstein.
The regulation was published in the Official Journal of the European Union on Friday April 29. It will come into force a day after its publication and will apply until May 15, 2020.
Plans for an early surveillance system were first announced by the Commission on March 16, amid wider efforts to streamline Europe’s trade defence instruments and support the region’s steel industry.

EU import volumes of...

Published

Nina Nasman

April 29, 2016

18:20 GMT

London