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CR: Duties, Disputes & Decisive Defiance in Steel’s Saga
The European Commission finalises definitive antidumping duties from 5.6% to 28.0% on cold-rolled flat steel imports from India, Japan, Taiwan, Turkey, & Vietnam. Dumped imports surged 28% to 1.69 million metric tons, capturing 23% of the EU market. EU producers’ market share fell from 70% to 66%, profitability dropped to 0-5%. The Commission rejects retroactive duty collection, confirming prospective application only.
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