Insight
Steel trade cases in the EU
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Report summary
The provisional anti-dumping duties announced against Chinese and Russian imports of rebar and cold rolled coil into the European Union are likely to reduce import volumes from those countries. The void they leave is more likely to be filled by other non-EU suppliers rather than by an increase in EU production volumes. Exports of rebar and cold rolled coil produced within the EU and destined for non-EU markets are likely to fall. We do not expect prices to recover.
What's included
This report contains
Table of contents
- Executive summary
- Background
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Duties' effects: will imports fall?
- Rebar and CRC are no GOES
- Evidence points to a fall of imports
- Other importers will fill the void
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What does it all mean for EU producers?
- Support is not guaranteed
- Exporting outside the EU will be tougher
- Duty support to prices unlikely to be strong
Tables and charts
This report includes 15 images and tables including:
Images
- Figure 1: EU imports by origin 2010-2014
- Figure 2: EU imports of CRC by origin 2012-2015
- Table 1:Details of the AD cases resulting in the imposition of duties still in force
- Table 2: A summary of the observed effects of trade cases
- Figure 12: EU rebar prices and trade defence
- Figure 13: EU rebar price premia and trade defence
- Steel trade cases in the EU: Image 5
- Figure 4: EU imports of wire rod
- Figure 5: EU steel demand growth 2005-2015
- Figure 6: EU imports of welded pipes by origin
- Figure 7: EU imports of seamless pipes by origin
- Figure 8: EU imports of certain seamless products by origin (China case)
- Figure 9: EU imports of certain seamless products by origin (ex-China case)
- Figure 10: EU steel trade following sanctions
- Figure 11: EU exports of wire rod and organic coated
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