Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Britain has initiated two investigations into existing EU anti-dumping (AD) duties on certain cold-rolled flat steel products from China

and Russia and HFP rebars from China. UK’s Trade Remedies Investigations Directorate (TRID) will determine if these duties are relevant to the British steel market.

 

The transition review will investigate if the duties are necessary to offset dumping of CR flat steel and high fatigue performance iron/steel concrete rebars and rods (HFP rebar) in Britain and if the domestic steel industry would be hurt in the absence of the duty. TRID’s investigation will cover trade for CR flats and HFP rebars from April 1, 2020 to March 31, 2021. While it will assess injury to domestic producers April 1, 2017 to March 31, 2021.

 

HS codes of the products involved are 7209150090, 7209169000, 7209179000, 7209189100, 7211233099, 7211238019, 7211238095, 7209269000, 7209279000, 7209289000, 7211233010, 7225508000, 7226920010, 7211238099, 7211290019, 7211290099, 7211233091, 7209189990 and 7226920090.

 

Including these two investigations, UK has 11 active transition reviews and more are expected to come, said the chief of TRID Oliver Griffiths in a statement. Besides CR flat steel and HFP rebar, UK is reviewing AD on wire rod and PSC wire and strands from China, along with an AD review on welded tubes and pipes from China, Belarus and Russia. It also reviewing safeguards on certain steel products from all nations

 

Post-Brexit, Britain is slowly transitioning to adopt a trade policy that more aligned with its economic interests. UK’s trade remedies are currently administered by TRID, which is slated to become an independent body under the Department of International Trade soon. 

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