UK: Government approves TRA recommendation on cold rolled flat steel
31/08/2022 03:17
Measures will prevent dumped imports from China and Russia until 2026.
The Government has agreed with the Trade Remedies Authority’s recommendation on anti-dumping measures on imports of cold rolled flat steel from China and Russia.
The Trade Remedies Authority (TRA)’s recommendation on imports of cold rolled flat steel from China and Russia have today been accepted by the Secretary of State for International Trade. You can read the TRA’s full report on this case on its public file.
Cold rolled flat steel is used in the manufacture of parts for the automotive industry and domestic appliances, as well as other goods. It can be found in such consumer products as radiators, steel drums, domestic appliances, racking, shelving and metal furniture.
As part of its assessment, the TRA found that extending the anti-dumping measure for a further five years would be in the economic interest of the UK. It also concluded that cold rolled flat steel from China and Russia would likely be dumped in the UK if the measure were to be removed, causing injury to UK producers, which produce 40-50% of the UK’s market, with annual combined turnover of £685 million.
Industry responds to initial findings
On 31 March, the TRA published a Statement of Essential Facts, setting out initial findings on the measures. UK and overseas industries had 30 days to review and comment on the findings before the TRA made its recommendation to the Secretary of State. Some important submissions were made at this stage.
Source: GOV.UK
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