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Turkey Opens Anti-Dumping Probe on EU, S Korea Hot-Rolled Coil

Turkey Opens Anti-Dumping Probe on EU, S. Korea Hot-Rolled Coil Bloomberg 1/9/2021 Tugce Ozsoy © Photographer: Rich Press/Bloomberg Red-hot rolled steel coil is run through the rollers in Espirito Santo, Brazil. (Bloomberg) Turkey started an anti-dumping probe on imports of a type of steel known as hot-rolled coil from the European Union and South Korea in what appeared to be a retaliatory step after the bloc increased tariffs on Turkish products. Turkey’s Ministry of Commerce decided to open the probe after finding “sufficient” information and evidence after examining the complaint of Turkish steelmakers including Eregli Demir ve Celik Fabrikalari TAS, according to the decision published in the Official Gazette. It determined that the manufacturers suffered “material injury” or the threat of it as a result of dumped imports from the EU and South Korea, according to the statement.

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