The Ministry of economy of Turkey has cancelled temporal measures on hot-rolled coil imports from China, Russia, Japan and Slovakia.
The antidumping investigation on the imports from the above-mentioned countries, as well as France, Romania and Ukraine, was started in January 2015. In late August 2015 temporal measures (for 6 months) have been taken against products from China, Russia, Japan and Slovakia. The antidumping duty ranged from 2.22% to 35.15%.
In January the ministry decreased duty for Russia.
According to the Mariupol Ilyich Iron and Steel Works CEO Yuri Zinchenko, now Ukrainian metal companies will not be able to increase sales on Turkish market.
“Some said the Turkish market would open for us and we would be able to export our coils there. But now we see, this will not happen”, he said.
He believes this is the matter of state policy.
“On one hand, Turkey opens its market to all, to buy rolled metal at competitive prices. On the other hand, Ukraine feeds Turkey with its scrap, but drowns its own metal industry”, Zinchenko remarked. He thinks the state should limit scrap exports to Turkey and let local metal companies decrease cost price and increase hot-rolled coil output to sell it to Turkey.
In his turn Zaporizhstal CEO Rostislav Shurma said his works couldn’t increase rolled metal exports to Turkey because of the local companies always taking actions against Ukrainian ones.
“We can sell some 30-50 thousand tons of rolled metal there. But if we decide to sell more, they will simply ban us with duties and what not”, he said.
At the same time, it’s simply impossible to sell more complex products, such as cold-rolled coils or strips, in Turkey.
“They have very high duties and quotas”, he explained. (Ukrainian metal)
