The European Commission (EC) has announced the final results of an anti-dumping investigation into imports of hot-rolled steel (HRC) from Egypt, Japan and Vietnam.
The rate of Ezz Steel and all other Egyptian companies was reduced to 11.7% (the previous one, effective for this manufacturer from April 7, 2025, was 12.8%). Initially, the EC proposed a 15.6% duty for Ezz, but after an appeal, the decision was changed.
The final anti–dumping margin for Japan's Nippon Steel is 30.4%, for Tokyo Steel - 6.9% and 30.1% for all other Japanese exporters. The anti-dumping duty for Vietnam's Formosa Ha Tinh Steel and all other Vietnamese companies will amount to 12.1%.
The previous anti-dumping duties imposed on April 7 amounted to 42.5% for Nippon Steel Corporation, 6.9% for Tokyo Steel, 12.1% for Formosa and all other Vietnamese companies.
India was exempted from taxation at the preliminary stage of the anti-dumping investigation due to lack of evidence of dumping, as was the Vietnamese company Hoa Phat. The European Steel Association (EUROFER) appealed the lack of measures on Indian imports of HRC, but the European Commission rejected these arguments.
The final fees are expected to take effect in October, but may be adjusted after the relevant July disclosure. Retroactive fees will not be charged.
