European Union raises import duties on steel rebars

01 August 2016

The European Union (EU) will impose duties on imports from China of steel bars used to reinforce concrete at rates higher than initially proposed, the EU’s official journal said on Friday. The bloc has set definitive anti-dumping duties on high performance reinforcement bars (HFP rebars) at between 18.4% and 22.5% and will be in place for five years.

The investigation into dumping, or selling at unfairly low prices, was begun in April 2015 following a complaint from industry body Eurofer. British steel association UK Steel has said that China accounted for more than 45% of the British rebar market, up from zero four years earlier. 

The Commission has 37 anti-dumping and anti-subsidy measures in place for steel products, 15 of them concerning China

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