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Stainless anti-dumping duties: Europe closes the door on China and Taiwan

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04 June 2015

Stainless anti-dumping duties: Europe closes the door on China and Taiwan

Report summary

The European mills' recent struggles with overcapacity were recently exacerbated by imports of stainless steel from China and Taiwan. In 2014 Eurofer lobbied for anti-dumping duties against the injurious imports and these were provisionally confirmed in March 2015. Although the European mills can now raise base prices and boost output (and nickel consumption) to regain market share, the duties add to the growing constraints on China's expanding stainless steel industry.

Table of contents

  • Executive summary
  • European toil
  • Asian spoil
    • EU27 stainless imports from China/Taiwan largely curtailed since the start of 2015
  • European gain
  • Conclusion

Tables and charts

This report includes 8 images and tables including:

  • Utilisation rates at the European majors have been unsustainably low since 2008-2009 recession
  • European stainless base prices have declined considerably in the past decade
  • The increase in market penetration of stainless imports from China/Taiwan in Europe
  • Stainless anti-dumping duties: Europe closes the door on China and Taiwan: Image 4
  • Stainless anti-dumping duties: Europe closes the door on China and Taiwan: Table 1
  • EU27 stainless imports from China/Taiwan greatly increased through 2014
  • Imports from Korea pick up through 2014
  • Stainless anti-dumping duties: Europe closes the door on China and Taiwan: Image 6

What's included

This report contains:

  • Document

    Stainless anti-dumping duties: Europe closes the door on China and Taiwan

    PDF 308.41 KB

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