The European Commission (EC) is expected to set preliminary anti-dumping duties into HRC from from Brazil, Iran, Russia, Ukraine and Serbia on April 7. The EC has initiated an anti-dumping investigation into imports of material from the five countries on July 7, 2016
and implemented a ruling to register HRC imports from Russia and Brazil on arrival in the EU on January 6, 2017
“This trade case is particularly notable in terms of the breadth of sources investigated as the five countries targeted [and] China – which was hit by [preliminary] anti-dumping duties in October 2016 – accounted for 82% of historical EU imports of HRC,” Jefferies said.
On the same day,...