EC reviews anti-dumping duties on Chinese wire rod
The European Commission is reviewing anti-dumping duties it imposed in 2009 on imports of wire rod from China to protect the trade bloc’s steel industry.
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The decision follows a complaint submitted in April from the European Steel Assn (Eurofer), which represents more than 25% of all producers of wire rod in the region, the Commission said in a statement at the weekend.
The review, which is expected to take 15 months, will determine whether there has been a “likelihood of a continuation or recurrence of dumping and injury”, as alleged by Eurofer in the application.
An anti-dumping investigation was launched in 2008, with China-origin wire rod subject to a duty of 24.6% since 2009.