COMMISSION IMPLEMENTING REGULATION (EU) 2023/1050
of 30 May 2023
imposing a definitive anti-dumping duty on imports of rebars originating in the Republic of Belarus 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 investigation and measures in force
1.2.
Request for an expiry review
1.3.
Initiation of an expiry review
1.4.
Review investigation period and period considered
1.5.
Interested parties
1.6.
Representative country
1.7.
Sampling
1.7.1.
Sampling of Union producers
1.7.2.
Sampling of importers
1.7.3.
Sampling of producers in Belarus
1.8.
Replies to the questionnaire
1.9.
On spot verification
1.10.
Subsequent procedure
2.
PRODUCT UNDER REVIEW AND LIKE PRODUCT
2.1.
Product under review
2.2.
Like product
3.
LIKELIHOOD OF CONTINUATION OR RECURRENCE OF DUMPING
3.1.
Preliminary remarks
3.2.
Procedure for the determination of the normal value under Article 2(7) of the basic Regulation
3.3.
Normal value
3.4.
Export price
3.5.
Comparison
3.6.
Dumping margin
4.
LIKELIHOOD OF CONTINUATION OF DUMPING
4.1.
Production capacity and spare capacity in Belarus
4.2.
Attractiveness of the Union market
4.3.
Impact of sanctions against Belarus
4.4.
Conclusion on the likelihood of continuation of dumping
5.
INJURY
5.1.
Definition of the Union industry and Union production
5.2.
Union consumption
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Total Union consumption (tonnes) |
10 297 042 |
10 821 698 |
10 411 261 |
11 116 688 |
||
Index (2018 = 100) |
100 |
105 |
101 |
108 |
||
|
5.3.
Imports from the country concerned
5.3.1.
Volume and market share of the imports from the country concerned
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Volume of imports from Belarus (tonnes) |
[72 000 – 80 000 ] |
[80 000 – 90 000 ] |
[125 000 – 140 000 ] |
[200 000 – 210 000 ] |
||
Index (2018 = 100) |
100 |
107 |
172 |
268 |
||
Market share (%) |
0,6 – 0,8 |
0,7 – 0,9 |
1 – 1,5 |
1,8 – 2,1 |
||
Index (2018 = 100) |
100 |
102 |
170 |
248 |
||
|
5.3.2.
Average import prices from Belarus
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Belarus (EUR/tonne) |
420 – 440 |
400 – 420 |
345 – 365 |
540 – 570 |
||
Index (2018 = 100) |
100 |
93 |
82 |
128 |
||
|
5.3.3.
Price undercutting
5.4.
Imports from third countries other than Belarus
Country |
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Norway |
Volume (tonnes) |
91 685 |
91 068 |
150 285 |
148 780 |
||
Index (2018 = 100) |
100 |
99 |
164 |
162 |
|||
Market share (%) |
0,9 |
0,8 |
1,4 |
1,3 |
|||
Average price (EUR/tonne) |
538 |
492 |
448 |
705 |
|||
Index (2018 = 100) |
100 |
92 |
83 |
131 |
|||
Türkiye |
Volume (tonnes) |
212 854 |
142 755 |
38 735 |
63 558 |
||
Index (2018 = 100) |
100 |
67 |
18 |
30 |
|||
Market share (%) |
2,1 |
1,3 |
0,4 |
0,6 |
|||
Average price (EUR/tonne) |
481 |
458 |
381 |
488 |
|||
Index (2018 = 100) |
100 |
95 |
79 |
102 |
|||
Russia |
Volume (tonnes) |
254 438 |
125 522 |
25 269 |
37 237 |
||
Index (2018 = 100) |
100 |
49 |
10 |
15 |
|||
Market share (%) |
2,5 |
1,2 |
0,2 |
0,3 |
|||
Average price (EUR/tonne) |
503 |
464 |
414 |
625 |
|||
Index (2018 = 100) |
100 |
92 |
82 |
124 |
|||
Other third countries |
Volume (tonnes) |
190 092 |
129 870 |
44 444 |
206 013 |
||
Index (2018 = 100) |
100 |
68 |
23 |
108 |
|||
Market share (%) |
1,8 |
1,2 |
0,4 |
1,9 |
|||
Average price (EUR/tonne) |
812 |
476 |
441 |
691 |
|||
Index (2018 = 100) |
100 |
59 |
54 |
85 |
|||
Total of all third countries excluding Belarus |
Volume (tonnes) |
749 069 |
489 216 |
258 732 |
455 588 |
||
Index (2018 = 100) |
100 |
65 |
35 |
61 |
|||
Market share (%) |
7,3 |
4,5 |
2,5 |
4,1 |
|||
Average price (EUR/tonne) |
579 |
471 |
434 |
662 |
|||
Index (2018 = 100) |
100 |
81 |
75 |
114 |
|||
|
5.5.
Economic situation of the Union industry
5.5.1.
General remarks
5.5.2.
Macroeconomic indicators
5.5.2.1. Production, production capacity and capacity utilisation
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Production volume (tonnes) |
11 029 000 |
11 814 000 |
11 204 000 |
11 201 000 |
||
Index (2018 = 100) |
100 |
107 |
102 |
102 |
||
Production capacity (tonnes) |
16 468 495 |
17 472 690 |
17 576 838 |
17 350 801 |
||
Index (2018 = 100) |
100 |
106 |
107 |
105 |
||
Capacity utilisation (%) |
67 |
68 |
64 |
65 |
||
Index (2018 = 100) |
100 |
101 |
95 |
96 |
||
|
5.5.2.2. Sales volume and market share
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Total Sales volume on the Union market (tonnes) |
9 517 192 |
10 293 817 |
10 054 658 |
10 507 529 |
||
Index (2018 = 100) |
100 |
108 |
106 |
110 |
||
Market share (%) |
92 |
95 |
96 |
94 |
||
Index (2018 = 100) |
100 |
103 |
105 |
102 |
||
|
5.5.2.3. Growth
5.5.2.4. Employment and productivity
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Number of employees |
5 507 |
6 159 |
5 999 |
5 557 |
||
Index (2018 = 100) |
100 |
112 |
109 |
101 |
||
Productivity (tonne/employee) |
2 002 |
1 918 |
1 867 |
2 015 |
||
Index (2018 = 100) |
100 |
96 |
93 |
101 |
||
|
5.5.2.5. Magnitude of the dumping margin and recovery from past dumping
5.5.3.
Microeconomic indicators
5.5.3.1. Prices and factors affecting prices
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Average unit sales price in the Union (EUR/tonne) |
508 |
469 |
424 |
651 |
||
Index (2018 = 100) |
100 |
92 |
83 |
128 |
||
Unit cost of production |
477 |
438 |
410 |
578 |
||
Index (2018 = 100) |
100 |
92 |
86 |
121 |
||
|
5.5.3.2. Labour costs
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Average labour costs per employee (EUR) |
41 477 |
41 434 |
40 137 |
42 622 |
||
Index (2018 = 100) |
100 |
100 |
97 |
103 |
||
|
5.5.3.3. Inventories
|
2018 |
2019 |
2020 |
Review Investigation period |
||
Closing stocks (tonnes) |
186 048 |
181 490 |
170 626 |
193 376 |
||
Index (2018 = 100) |
100 |
98 |
92 |
104 |
||
Closing stocks as a percentage of production |
10,2 |
9,6 |
9,6 |
9,7 |
||
Index (2018 = 100) |
100 |
94 |
93 |
95 |
||
|
5.5.3.4. 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) |
8,4 |
5,0 |
4,9 |
15,3 |
||
Index (2018 = 100) |
100 |
60 |
58 |
183 |
||
Cash flow (EUR) |
77 870 905 |
63 476 067 |
41 354 068 |
109 174 968 |
||
Index (2018 = 100) |
100 |
82 |
53 |
140 |
||
Investments (EUR) |
21 227 319 |
15 647 296 |
17 870 081 |
18 838 367 |
||
Index (2018 = 100) |
100 |
74 |
84 |
89 |
||
Return on investments (%) |
102 |
69 |
51 |
215 |
||
Index (2018 = 100) |
100 |
68 |
50 |
211 |
||
|