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Turkey terminates investigation on possibility of steel dumping

After the US announced the adoption of the section 232 tariffs in 2018, Turkey initiated a 13-month investigation on the possibility of steel dumping for plates, long products, stainless steel products and tubing products imported into Turkey. 

This investigation was made in order to prevent all the steel products from other countries affected by the section 232 tariffs from being sold to the Turkish market and attacking the local steel industry in Turkey. 

The Turkish Ministry of Customs and Trade indicated that during the investigation, the import volume of these steel products was not significantly increased, and the local steel industry was not damaged. Therefore, the Ministry announced on May 7th that the investigation on the possibility of steel dumping would be terminated, and it would not impose additional tariffs or take any protective measures.

Source: yieh

May 13, 2019 13:13
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