EU extends tariffs on valve advertising for Korea, Malaysia and Russia
The European Commission has imposed final anti-dumping duties on imports of some pipes and fittings manufactured in South Korea, Malaysia and Russia, after checking the expiration date, Kallanish notes.
The latest revision was initiated in April 2024 at the request of manufacturers of butt welding steel fittings in the EU, who argued that the expiration of existing measures was likely to lead to repeated waste dumping and injury.
The updated measures apply to pipes and fittings made of iron or stainless steel (excluding cast, flanged or threaded fittings) with an outer diameter of no more than 609.6 mm. They are mainly used for butt welding and other industrial purposes and currently fall under the CN codes ex 7307 93 11, ex 7307 93 19 and ex 7307 99 80 (tariff codes 7307 93 11 91, 7307 93 11 93, 7307 93 11 94, 7307 93 11 95, 7307 93 11 99, 7307 93 19 91, 7307 93 19 93, 7307 93 19 94, 7307 93 19 95, 7307 93 19 99, 7307 99 80 92, 7307 99 80 93, 7307 99 80 94, 7307 99 80 95, and 7307 99 80 98).
For South Korea, the anti-dumping duty in South Korea is 32.4% for TK Corporation and 44% for all other companies.
In Malaysia, Anggerik Laksana is subject to a duty of 59.2%, Pantech Steel Industries - 49.9%, and all other Malaysian exporters - 75%.
For Russian exporters, a single duty of 23.8% is applied.
A countryCompanyAdvertising feeRepublic of KoreaTK Corporation, 1499-1, Seongjong-dong, Gangse-Gu, Busan32,4 %All other companies44.0 %MalaysiaAnggerik Laksana, Sdn Bhd, Selangor Darul Ehsan59.2 %Pantech Steel Industries, Sdn Bhd49,9 %All other companies75.0 %Russian FederationAll companies23.8 %Anti-dumping measures against Korea and Malaysia were initially introduced in 2003 and resumed after subsequent reviews were conducted in 2008, 2014 and 2019, with additional adjustments made during the partial interim review in 2016. As for Russia, the duties were initially introduced in 2013. After the first review of the validity period, the Commission re-imposed duties on Russian imports and stopped investigating Turkey.
Elina Virchenko Ukraine
Kallanish.com