Brussels, 10 November 2016 – The European Commission yesterday proposed a change to the EU’s anti-dumping and anti-subsidy rules. The proposed change removes the EU established distinction between market and non-market economies that are WTO members. It also introduces a new, ‘non-standard’ methodology based on the novel concept of ‘significant distortions’.
“The European steel industry acknowledges the Commission’s efforts to apply meaningful anti-dumping duties on dumped products from countries that do not respect the principles of rules-based international trade”, said Axel Eggert, Director General of EUROFER. “We support the proposed new non-standard methodology, aligned with the method used by the US”.
“However, we have reservations about the feasibility of the approach taken in the proposal. Compared to the approach in the US the draft legislation abandons the established references to non-market economies which have justified the use of a non-standard methodology. The new concept of the ‘significant distortion’ should be clarified in relation to WTO rules”, said Mr Eggert.
“Moreover, the new case-by-case assessment shifts the burden of proof for applying a non-standard methodology to the EU itself – onto the Commission and complainant industry. This reverses the current law where it is for the exporting country or industry to demonstrate that its economy or companies comply with the EU market economy criteria”, added Mr Eggert.
“The European Commission proposal should be closely reviewed by the other EU institutions, in particular aligning it with the main conclusions of the European Parliament’s overwhelmingly-passed resolution.”
Charles de Lusignan, Communications Manager, +32 2 738 79 35, (email@example.com)
The Commission proposal can be found: here
EUROFER is located in Brussels and was founded in 1976. It represents the entirety of steel production in the European Union. EUROFER members are steel companies and national steel federations throughout the EU. The major steel companies and national steel federations in Switzerland and Turkey are associate members.
The European steel industry is a world leader in innovation and environmental sustainability. It has a turnover of around €170 billion and directly employs 320,000 highly-skilled people, producing on average 170 million tonnes of steel per year. More than 500 steel production sites across 24 EU Member States provide direct and indirect employment to millions more European citizens. Closely integrated with Europe’s manufacturing and construction industries, steel is the backbone for development, growth and employment in Europe.
Steel is the most versatile industrial material in the world. The thousands of different grades and types of steel developed by the industry make the modern world possible. Steel is 100% recyclable and therefore is a fundamental part of the circular economy. As a basic engineering material, steel is also an essential factor in the development and deployment of innovative, CO2-mitigating technologies, improving resource efficiency and fostering sustainable development in Europe.
A PDF of this Press Release is available: here