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EU excludes Serbia from anti-dumping steel probe - Serbia Business

EU excludes Serbia from anti-dumping steel probe

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The European Commission has excluded Serbia from an anti-dumping investigation into hot-rolled coil (HRC) imported from five countries, Tanjug has reported.

The agency cited a preliminary EC document seen by Metal Bulletin.

This means that Serbia’s Smederevo steel mill, owned by China’s Hesteel Group, will be paying no penalties, Tanjug said.

Metal Bulletin reported that other four countries – Russia, Ukraine, Iran and Brazil – will be subject to definitive duties on their shipments of HRC.

Although the EC determined during its investigation that all five countries have been trading HRC material at dumped prices, it decided to terminate the investigation into imports from Serbia because the volumes were found to be negligible, the website said.