The European Commission has extended the existing anti-dumping (AD) measures on imports of certain seamless pipes and tubes of iron or steel originating in China. The measures were originally imposed in 2016 after an investigation found that Chinese exporters were selling seamless pipes at below fair market value.
The Commission’s decision to extend the AD measures was based on a review of the situation in the market. The review found that Chinese exporters continued to sell seamless pipes at below fair market value, and that the measures were still necessary to protect European producers from unfair competition.
The AD measures will remain in place for a further five years. During this time, Chinese exporters will be subject to a duty of up to 27.2% on their exports of seamless pipes to the EU.
The extension of the AD measures is a victory for European steel producers, who have been struggling to compete with cheap imports from China. The measures will help to level the playing field and protect European jobs.
The decision to extend the AD measures has been met with mixed reactions. Some businesses have welcomed the decision, saying that it will help to protect their jobs and businesses. Others have criticized the decision, saying that it will raise prices for consumers and make it more difficult for businesses to access affordable materials.
The impact of the AD measures on the market will depend on a number of factors, including the reaction of Chinese exporters and the overall state of the global steel market. However, the extension of the AD measures is a clear signal that the EU is committed to protecting its steel industry from unfair competition.