JISF chairman: EU’s decision to extend AD measures on Japan’s electrical steel is improper
The EU has decided to extend the current anti-dumping (AD) duties on imports of grain-oriented flat-rolled products of silicon-electrical steel (GOES) from China, Russia, the US, Japan, and South Korea for another five years. However, Japan Iron & Steel Federation (JISF) chairman Eiji Hashimoto said that the decision was inappropriate, and Japan would carefully take proper action.
The EU believed that the Union’s relevant industry might be injured by the possible dumped products if the existing AD measure was canceled, so it made this decision after an expiry review.
Regarding this issue, Eiji Hashimoto said that the revocation of the AD measures on Japan would not lead to continuation or recurrence of material injury to the EU industry as the GOES imports from Japan during the 2016-2020 period were even higher than the volume in 2015 when the EU started to impose these measures on Japan.
The EU’s import prices of most of Japan’s electrical steel products were higher than the minimum prices, which was the reason that the decision to maintain the orders was limited and inappropriate.