Turkey levies HRC anti-dumping duties on four countries

Spanish Market: Metals
11/10/24

Turkey's ministry of trade announced that it is implementing anti-dumping duties on Chinese, Indian, Russian and Japanese hot-rolled coil (HRC) ranging from 6.10-43.31pc, effective immediately.

Turkey had launched an investigation that found imports from China, India, Russia and Japan have damaged domestic production. The anti-dumping duty will be paid as a percentage of the CIF value, in addition to the existing 13-15pc tax on steel products for local consumption.

The investigation was launched just after a petition was submitted by Turkish steelmakers' association TCUD on behalf of producers Colakoglu, Erdemir, Habas and Toscelik.

Turkish customers, though, remain exempt from the measures if products are imported using the inwards processing regime, with a promise to process and re-export the finished product.

Turkish authorities are currently to change to the inward processing regime measure.

"Right now, 84pc of the exports are import-dependent," a re-roller told Argus in August. "If you prevent the inward processing regime, imports will be cut, which will negatively affect exports."

Turkish mills withdrew their HRC offers today, some market participants said.

By Carlo Da Cas

Turkish anti-dumping duties
Companies	Dumping margins (pc)

China
Han Steel Group Hanbao Iron and Steel	36
Qian'an Iron & Steel of Beijing Shougang	23
Rizhao Steel Holding Group	28
Shanghai Meishan Iron and Steel	15
Shanxi Taigang Stainless Steel	17
Shougang Jingtang United Iron & Steel	24.6
Zhangjiagang Hongchang Plate	26.4
Others	43.3
India
Tata Steel	6
Others	9.0
Japan
All companies	9.0
Russia
Magnitogorsk Iron and Steel Work	6,1
Novolipetsk Steel	6.1
Others	9.0
— Turkish trade ministry

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12/06/25

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12/06/25

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11/06/25

US copper group seeks tariffs, export ban

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US inflation up to 2.4pc in May, energy down

11/06/25

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