The TRA has published interim findings recommending that an anti-dumping measure on imports of Corrosion Resistant Steel from China be maintained
The Trade Remedies Authority (TRA) has today [Wednesday 7 February] published interim findings recommending that an anti-dumping measure on imports of Corrosion Resistant Steel (CRS) from China be kept for a further five years.
The TRA opened a transition review into the measure in February 2023. Primarily used in the construction and manufacturing industries, the process of making CRS effectively makes the steel rustproof and as such it is used in the manufacture of such products as domestic appliances, steel vents and fencing.
In its interim findings, the TRA has proposed that the anti-dumping measure be maintained until at least 9 February 2028.
The TRA’s Statement of Essential Facts has also recommended that the level of duties applicable to Chinese exporters remain unchanged, ranging from 17.2% to 27.9%.
CRS is worth around £63 million to the UK economy annually. The TRA found that following the imposition of the European Union’s measure in 2018, imports into the UK from China fell by 96% from 363,000 metric tonnes in 2016, to 16,000 metric tonnes in 2018.
However, the TRA found that it is likely that dumping of CRS from China would recur if the anti-dumping measure were no longer applied and that industry would likely be injured if the measure were no longer applied. It also found that the continued application of the measure is in the economic interest of the UK. On that basis, the TRA recommended that the anti-dumping measure on CRS is extended for a period of five years.
Businesses that may be affected by these findings (such as importers or exporters of the products or UK producers of similar products) have until 28 February 2024 to respond.
Background Information