The Turkish Ministry of Commerce has published the final disclosure report regarding the anti-dumping investigation into cold-rolled steel, galvanized and painted coils from China and South Korea.
The investigation was launched on December 25, 2024, following an application by the Cold-Rolled Galvanized and Painted Coil Manufacturers Association on behalf of local manufacturers.
Investigation covering the period from January 1, 2021 to December 31, 2023, showed that imports of these products from South Korea and China were dumped and caused damage to the local industry. As a result, the dumping margin calculated as a percentage of the CIF price is 24.85 percent for China's Angang Steel, 32.09 percent for Baoshan Iron & Steel, 30.89 percent for Shougang Jingtang United Iron & Steel, 30.89 percent for 14 companies including Baosteel Zhanjiang Iron & Steel and 36 percent for other Chinese companies, while the margin is 14.24 percent for South Korea's DK Dongshin Co, 12.90 percent for Hyundai Steel Company, 10.48 percent for POSCO, 11.58 percent for Dongkuk Coated Metal, KG Dongbu Steel and POSCO Steeleon and 27 percent for other South Korean companies.
With the final disclosure report provided to the relevant parties, it was stated that the investigation process has reached its final stage stage, and the final decision will be made by the Council for the Assessment of Unfair Competition in Imports.
According to
