The European Commission has lowered its anti-dumping duties on cold-rolled steel (CRC) from Turkey, announced in August and scheduled to take effect in November. Sources told Fastmarkets on Monday, October 26. No additional market impact is expected: import volumes have already fallen, while prices from local producers have risen.
In a document dated October 16, seen by Fastmarkets, the European Commission said that duty rates on Turkish CRC would be reduced by 1.9–2.6 percentage points, depending on the producer.
The duty on Borçelik products will be 7.8%, down from 9.7%. For Tatmetal, the rate will be reduced from the initially announced 5.6% to 3%. The duty on companies in the Erdemir group will be 4.9%, compared with 7.3% previously. The rate for other Turkish exporters will be 7.8%, down from 9.7%.
Turkish steel producers Tatmetal and Borçelik asked for the duties to be reviewed. The companies cited incorrect assumptions in adjustments to account for inflation in Turkey, a technical error in calculating CIF values for certain transactions, an incorrect calculation of ex-works prices, and an error in calculating transportation costs.
The document says the European Commission found all of these objections to be justified and decided to revise the duties announced in August. The new rates will take effect after publication in the Official Journal of the European Union.
Final duties on CRC cover five countries and territories
Under the decision issued in August 2026, anti-dumping duties are to be applied to CRC imports from India, Japan, Taiwan, Turkey and Vietnam. The decision followed a ten-month investigation launched in September 2025 after a complaint by European steel industry association Eurofer. The association said that dumped CRC imports were harming the EU steel industry.
According to Eurofer, in 2023 these five countries and territories accounted for 56.7% of EU CRC imports — 1.5 million tonnes out of a total of 2.7 million tonnes. In 2024, their share increased to 65.2%: 1.9 million tonnes out of 3 million. Imports from Turkey rose 79% year on year, from 230,313 tonnes in 2023 to 412,622 tonnes in 2024.
The European Commission noted that cheaper imports had pushed down prices, market share and profitability for EU producers.
“The revision of anti-dumping duties on CRC imports from Turkey will not change anything for the European market,” a producer representative told Fastmarkets, indicating that the rate adjustment was insignificant.
“With limited supplies from abroad, the European CRC market will remain strong,” a trader told Fastmarkets. India, Japan and Brazil are not actively offering their products on the European market at present, the trader said, leaving Turkey as the main source of imports.
The latest European Commission data also showed that, amid uncertainty over safeguard measures, EU import quotas for CRC in the fourth quarter remained largely unused.
Fastmarkets data show that despite fluctuations, prices for European-made CRC have risen year on year.
The average monthly price for cold-rolled steel delivered ex-works in Northern Europe was 867.50 euros ($967.18) per tonne in October 2026. In October 2025, it was 674 euros per tonne.
Author: Darina Kakhramanova
fastmarkets.com
