Türkiye announced the dumping margins in the cold rolled stainless flat steel investigation

The report sets out company-specific dumping margins for imports originating in the People’s Republic of China and the Republic of Indonesia, as well as the effects of such imports on the domestic industry.

The investigation was initiated following an application filed by the domestic producer POSCO Assan TST Çelik San. A.Ş. (POSCO Assan) and supported by Trinox Metal San. ve Tic. A.Ş. (Trinox). The period of investigation for the dumping determination was defined as 1 January–31 December 2023, while the injury analysis covered the period 2021–2023. As a result of the examination, significant deterioration was identified in the key economic indicators of the domestic industry.

Imports from the PRC: dumping margins by company

According to the report, the dumping margins for the PRC were calculated as a percentage of the CIF value as follows:

• Jiangsu Yongjin Metal Technology Co., Ltd.: 3.95%

• Guangdong Yongjin Metal Technology Co., Ltd.: 3.95%

• Yongjin Technology Group Co., Ltd.: 3.95%

• Ningbo Baoxin Stainless Steel Co., Ltd.: 12.20%

• Shanxi Taigang Stainless Steel Co., Ltd.: 12.20%

• Angang Lianzhong Stainless Steel Co., Ltd.: 5.45%

• Fujian Dingxin Special Steel Co., Ltd.: 5.45%

• Fujian Hongwang Investment Group Co., Ltd.: 5.45%

• Yangjiang Hongwang Industrial Co., Ltd.: 5.45%

• Zhaoqing Hongwang Metal Products Co., Ltd.: 5.45%

• Other non-cooperating PRC-origin companies: 13.47%

The report states that imports from the PRC increased by 32% in absolute terms over the 2021–2023 period. It further indicates that such imports undercut domestic industry prices by 0% < X < 10% and exerted price suppression in the range of 20% < X < 30%. The report concludes that dumped imports originating in the PRC were the main cause of the material injury suffered by the domestic industry.

Imports originating from Indonesia