COMMISSION IMPLEMENTING REGULATION (EU) 2023/1450
of 13 July 2023
imposing a definitive anti-dumping duty on imports of certain seamless pipes and tubes of iron (other than cast iron) or steel (other than stainless steel), of circular cross-section, of an external diameter exceeding 406,4 mm, originating in the People’s Republic of China following an expiry review pursuant to Article 11(2) of Regulation (EU) 2016/1036 of the European Parliament and of the Council
1.
PROCEDURE
1.1.
Previous investigations and measures in force
1.2.
Request for an expiry review
1.3.
Initiation of an expiry review
1.4.
Comments on initiation
1.5.
Review investigation period and period considered
1.6.
Interested parties
(a) Sampling
(b) Sampling of Union producers
(c) Sampling of importers
(d) Sampling of exporting producers in the PRC
(e) Questionnaires and verification visits
1.7.
Comments following final disclosure
2.
SUBSEQUENT PROCEDURE
3.
PRODUCT UNDER REVIEW, PRODUCT CONCERNED AND LIKE PRODUCT
3.1.
Product under review
3.2.
Product concerned
3.3.
Like product
4.
DUMPING
4.1.
Evolution of the imports after the imposition of the measures
4.2.
Procedure for the determination of the normal value under Article 2(6a) of the basic Regulation
4.3.
Normal value
4.3.1.
Existence of significant distortions
4.4.
Representative country
4.4.1.
General remarks
4.4.2.
A level of economic development similar to the PRC and production of the product under review
4.4.3.
Availability of relevant public data in the representative country
4.5.
Level of social and environmental protection
4.6.
Conclusion
4.7.
Sources used to establish undistorted costs
Raw materials |
Commodity codes in Mexico |
Value |
Units |
Source of information |
Billets (semi-finished product of iron or non-alloy steel containing by weight 0,25 % of carbon) |
720720 |
4,72 |
CNY/KG |
GTA |
Water |
22019001 22019090 |
2,01 |
CNY/L |
GTA |
Nitrogen |
280430 |
1,14 |
CNY/KG |
GTA |
|
||||
Labour |
||||
Labour |
N/A |
17,21 |
CNY/hour |
International Labour Organisation (ILO) |
Energy |
||||
Electricity |
N/A |
1,09 |
CNY/Kwh |
GlobalPetrolPrices.com |
Gas |
[N/A] |
0,12 |
CNY/m3 |
CRE (‘Comisión Reguladora de Energía’) |
By product/waste |
||||
Steel scrap |
720410 720441 720449 |
3,31 |
CNY/KG |
GTA |
Recycling cutters – scrap steel |
72041001 |
3,47 |
CNY/KG |
GTA |
4.7.1.
Raw materials
4.7.2.
Labour
4.7.3.
Electricity
4.7.4.
Natural gas
4.7.5.
Manufacturing overhead costs, SG&A, profits
4.7.6.
Calculation of the normal value
4.7.7.
Export price
4.7.8.
Comparison
4.7.9.
Dumping margins
5.
LIKELIHOOD OF CONTINUATION OF DUMPING
5.1.
Production capacity and spare capacity in the PRC
5.2.
Attractiveness of the Union market and the prices on the Union market.
5.3.
Conclusion on likelihood of continuation of dumping
6.
INJURY
6.1.
Definition of the Union industry and Union production
6.2.
Union consumption
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Total Union consumption |
111 875 |
108 571 |
95 285 |
102 189 |
||
Index |
100 |
97 |
85 |
91 |
||
Captive market |
[4 500 –5 500 ] |
[9 000 -10 000 ] |
[5 500 -6 500 ] |
[6 000 -7 000 ] |
||
Index |
100 |
188 |
119 |
126 |
||
Free market |
[100 000 - 110 000 ] |
[90 000 – 100 000 ] |
[80 000 -90 000 ] |
[86 000 -96 000 ] |
||
Index |
100 |
93 |
84 |
90 |
||
|
6.3.
Imports into the Union from the country concerned
6.3.1.
Volume and market share of the imports from the country concerned
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Volume of imports from the country concerned (tonnes) |
[1 300 – 1 400 ] |
[1 500 – 1 600 ] |
[1 250 – 1 350 ] |
[2 800 – 2 900 ] |
||
Index |
100 |
111 |
95 |
204 |
||
Market share |
[1 – 3 ] % |
[1,2 – 3,2 ] % |
[1,1 – 3,1 ] % |
[2,5 – 3,5 ] % |
||
Index |
100 |
120 |
113 |
227 |
||
|
6.3.2.
Prices of the imports from the country concerned and price undercutting
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Average import price (EUR/tonne) |
[1 300 – 1 400 ] |
[1 300 – 1 400 ] |
[1 300 – 1 400 ] |
[1 500 – 1 600 ] |
||
Index |
100 |
99 |
96 |
113 |
||
|
6.3.3.
Imports from third countries other than the PRC
Country |
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Thailand |
Volume (tonne) |
1 657 |
4 406 |
4 925 |
3 579 |
||
|
Index |
100 |
266 |
297 |
216 |
||
|
Market share |
[1,1 – 2,1 ] % |
[4 – 5 ] % |
[5 – 6 ] % |
[3,2 – 4,2 ] % |
||
|
Average price (EUR/tonne) |
1 059 |
1 105 |
962 |
1 071 |
||
|
Index |
100 |
104 |
91 |
101 |
||
Ukraine |
Volume (tonne) |
1 275 |
779 |
1 323 |
772 |
||
|
Index |
100 |
61 |
104 |
61 |
||
|
Market share |
[0,7 – 1,7 ] % |
[0,5 – 1,5 ] % |
[1 – 2 ] % |
[0,5 – 1,5 ] % |
||
|
Average price (EUR/tonne) |
990 |
800 |
672 |
667 |
||
|
Index |
100 |
81 |
68 |
67 |
||
United Kingdom |
Volume (tonne) |
332 |
542 |
525 |
658 |
||
|
Index |
100 |
163 |
158 |
198 |
||
|
Market share |
[0,1 – 0,5 ] % |
[0,3 – 0,7 ] % |
[0,4 – 0,8 ] % |
[0,5 – 0,9 ] % |
||
|
Average price (EUR/tonne) |
3 100 |
2 850 |
2 050 |
2 169 |
||
|
Index |
100 |
92 |
66 |
70 |
||
Other third countries |
Volume (tonne) |
4 979 |
4 390 |
2 795 |
1 502 |
||
|
Index |
100 |
88 |
56 |
30 |
||
|
Market share |
[4,2 – 5,2 ] % |
[4 – 5 ] % |
[2,5 – 3,5 ] % |
[1 – 2 ] % |
||
|
Average price (EUR/tonne) |
3 469 |
1 668 |
1 832 |
3 628 |
||
|
Index |
100 |
48 |
53 |
105 |
||
Total of all third countries except the country concerned |
Volume (tonne) |
8 243 |
10 117 |
9 568 |
6 511 |
||
|
Index |
100 |
123 |
116 |
79 |
||
|
Market share |
[7 – 8 ] % |
[9,5 – 10,5 ] % |
[10,5 – 11,5 ] % |
[6,5 – 7,5 ] % |
||
|
Average price (EUR/tonne) |
2 586 |
1 419 |
1 236 |
1 724 |
||
|
Index |
100 |
55 |
48 |
67 |
||
|
6.4.
Economic situation of the Union industry
6.4.1.
General remarks
6.4.2.
Macroeconomic indicators
6.4.2.1.
Production, production capacity and capacity utilisation
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Production volume (tonne) |
354 212 |
294 365 |
237 208 |
196 050 |
||
Index |
100 |
83 |
67 |
55 |
||
Production capacity (tonne) |
462 885 |
393 154 |
378 657 |
365 740 |
||
Index |
100 |
85 |
82 |
79 |
||
Capacity utilisation |
76,5 % |
74,9 % |
62,6 % |
53,6 % |
||
Index |
100 |
98 |
82 |
70 |
||
|
6.4.2.2.
Sales volume and market share
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Total Sales volume on the Union market (free market and captive market) |
102 246 |
96 910 |
84 406 |
92 851 |
||
Index |
100 |
95 |
83 |
91 |
||
Market share on total consumption |
91,4 % |
89,3 % |
88,6 % |
90,9 % |
||
Index |
100 |
98 |
97 |
99 |
||
Captive market sales |
[4 500 –5 500 ] |
[9 000 -10 000 ] |
[5 500 -6 500 ] |
[6 000 -7 000 ] |
||
Index |
100 |
188 |
119 |
126 |
||
Market share of captive market sales |
[3,6 %–5,6 %] |
[7,9 %–9,9 %] |
[6,0 %–7,0 %] |
[6,0 %–7,0 %] |
||
Index |
100 |
193 |
140 |
138 |
||
Free market sales |
[95 000 – 99 000 ] |
[85 000 – 89 000 ] |
[75 000 – 79 000 ] |
[85 000 – 89 000 ] |
||
Index |
100 |
90 |
81 |
89 |
||
Market share of free market sales on total consumption |
[83 % – 88 %] |
[77 % – 82 %] |
[79 % – 84 %] |
[82 % – 87 %] |
||
Index |
100 |
93 |
95 |
97 |
||
|
6.4.2.3.
Growth
6.4.2.4.
Employment and productivity
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Number of employees |
2 114 |
1 729 |
1 568 |
1 270 |
||
Index |
100 |
82 |
74 |
60 |
||
Productivity (tonne/employee) |
168 |
170 |
151 |
154 |
||
Index |
100 |
102 |
90 |
92 |
||
|
6.4.2.5.
Magnitude of the dumping margin and recovery from past dumping
6.4.3.
Microeconomic indicators
6.4.3.1.
Prices and factors affecting prices
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Average unit sales price in the Union on the total market |
1 328 |
1 331 |
1 249 |
1 312 |
||
Index |
100 |
100 |
94 |
98 |
||
Average unit sales price on the captive market(55) |
[900 -1 100 ] |
[1 100 -1 300 ] |
[1 100 -1 300 ] |
[1 100 -1 300 ] |
||
Index |
100 |
115 |
106 |
116 |
||
Average unit sales price on the free market |
1 353 |
1 354 |
1 265 |
1 321 |
||
Index |
100 |
100 |
94 |
98 |
||
Unit cost of production |
1 227 |
1 221 |
1 217 |
1 416 |
||
Index |
100 |
100 |
99 |
115 |
||
|
6.4.3.2.
Labour costs
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Average labour costs per employee (EUR) |
62 122 |
64 071 |
66 134 |
65 599 |
||
Index |
100 |
103 |
106 |
106 |
||
|
6.4.3.3.
Inventories
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Closing stocks (tonnes) |
22 334 |
19 256 |
14 497 |
13 692 |
||
Index |
100 |
86 |
65 |
61 |
||
Closing stocks as a percentage of production |
8,8 |
8,7 |
8,1 |
8,9 |
||
Index |
100 |
99 |
93 |
102 |
||
|
6.4.3.4.
Profitability, cash flow, investments, return on investments and ability to raise capital
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Profitability of sales in the Union to unrelated customers (% of sales turnover) |
9,3 |
9,9 |
3,8 |
-7,2 |
||
Index |
100 |
106 |
41 |
-77 |
||
Cash flow (EUR) |
54 041 814 |
65 623 240 |
56 907 181 |
6 140 456 |
||
Index |
100 |
121 |
105 |
11 |
||
Investments (EUR) |
26 907 236 |
9 977 233 |
3 253 779 |
4 952 232 |
||
Index |
100 |
37 |
12 |
18 |
||
Return on investments |
10,6 % |
22,3 % |
18,1 % |
0,3 % |
||
Index |
100 |
211 |
171 |
3 |
||
|
6.5.
Conclusion on injury
7.
LIKELIHOOD OF RECURRENCE OF INJURY
7.1.
The production capacity, spare capacity in the PRC
7.2.
Attractiveness of the Union market
7.3.
Impact of potential imports from China on the Union industry’s situation should the measures lapse.
7.4.
Comments following final disclosure
8.
UNION INTEREST
8.1.
Interest of the Union industry
8.2.
Interest of unrelated importers, traders and users
8.3.
Conclusion on Union interest
9.
ANTI-DUMPING MEASURES
Article 1
Company |
Definitive anti-dumping duty rate (%) |
TARIC additional code |
||||
Yangzhou Chengde Steel Pipe Co., Ltd |
29,2 |
C171 |
||||
CITIC Pacific Group:
|
51,8 |
899H |
||||
Yangzhou Lontrin Steel Tube Co., Ltd |
39,9 |
C173 |
||||
Hengyang Valin MPM Co., Ltd |
48,2 |
C174 |
||||
Other cooperating companies listed in the Annex |
45,6 |
C998 |
||||
All other companies |
54,9 |
C999 |
Article 2
ANNEX
Company |
TARIC additional code |
Tianjin Pipe Manufacturing Co., Ltd |
C998 |
Shandong Luxing Steel Pipe Co., Ltd |
C998 |
Inner Mongolia Baotou Steel Union Co., Ltd |
C998 |
Wuxi SP. Steel Tube Manufacturing Co., Ltd |
C998 |
Zhangjiagang Tubes China Co., Ltd |
C998 |
TianJin TianGang Special Petroleum Pipe Manufacture Co., Ltd |
C998 |
Shandong Zhongzheng Steel Pipe Manufacturing Co., Ltd |
C998 |