EU Threatens Duties on Tube, Pipe Fittings From Russia, Turkey
The European Union threatened to impose tariffs on certain tube and pipe fittings from Russia and Turkey, saying EU producers may be victims of so-called dumping.
The EU opened an inquiry into whether Russian and Turkish makers of iron or steel tube and pipe fittings sell them in the 27-nation bloc below cost, a practice known as dumping. The fittings, excluding stainless steel, are used for butt-welding, or operating a processing machine continuously rather than having to restart it with a new supply of metals.
The probe will determine whether imports from the two countries are “being dumped and thereby causing material injury to the union industry,” the European Commission, the EU’s trade authority in Brussels, said in the Official Journal.
The investigation stems from a Sept. 20 dumping complaint by the Defence Committee of the Steel Butt-Welding Fittings Industry of the European Union on behalf of producers that account for more than 25 percent of the bloc’s output of the pipe and tube fittings covered by the investigation, said the commission, which didn’t identify any companies.
“The complainant has provided evidence that imports of the product under investigation from Turkey have increased in terms of market share, whereas imports of the product under investigation from Russia have increase overall in absolute terms and in terms of market share,” the commission said.
The commission has nine months to decide whether to impose provisional anti-dumping duties for half a year and EU governments have 15 months to decide whether to apply “definitive” levies for five years.
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