COMMISSION IMPLEMENTING REGULATION (EU) 2022/926
of 15 June 2022
imposing a definitive anti-dumping duty on imports of tubes and pipes of ductile cast iron (also known as spheroidal graphite cast iron) originating in India 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.
Review investigation period and period considered
1.5.
Interested parties
(a)
Sampling
(b)
Questionnaires
(c)
Verification
1.6.
Subsequent procedure
1.7.
Comments on initiation
2.
PRODUCT CONCERNED AND LIKE PRODUCT
2.1.
Product concerned
2.2.
Like product
3.
LIKELIHOOD OF CONTINUATION OR RECURRENCE OF DUMPING
3.1.
Continuation of dumping in the review investigation period
3.1.1.
Evolution of the imports after the imposition of the measures
3.1.2.
Cooperation of the Indian producers and basis for the findings
3.1.3.
Normal value
3.1.4.
Export price
3.1.5.
Comparison
3.1.6.
Conclusion
3.2.
Likelihood of continuation of dumping should the measures lapse
3.2.1.
Production capacity, spare capacity in India and prices from India to third countries
3.2.2.
Attractiveness of the Union market and prices on the Union market
3.3.
Conclusion on the likelihood of continuation of dumping
4.
INJURY
4.1.
Definition of the Union industry and Union production
4.2.
Union consumption
|
2017 |
2018 |
2019 |
Review Investigation Period |
Total Union Consumption |
[376 – 440 ] |
[389 – 455 ] |
[420 – 492 ] |
[388 – 454 ] |
Index (2017 = 100) |
100 |
103 |
111 |
103 |
Captive market |
[15 – 17 ] |
[13 – 16 ] |
[10 – 12 ] |
[2 – 3 ] |
Index |
100 |
91 |
68 |
18 |
Free market |
[361 – 423 ] |
[375 – 439 ] |
[410 – 479 ] |
[385 – 450 ] |
Index (2017 = 100) |
100 |
103 |
113 |
106 |
Source: Eurostat Comext |
4.3.
Imports from India
4.3.1.
Volume and market share of the imports from India
|
2017 |
2018 |
2019 |
Review Investigation Period |
Volume of imports from India |
[45 – 52 ] |
[38 – 45 ] |
[64 – 75 ] |
[44 – 52 ] |
Index (2017 = 100) |
100 |
86 |
143 |
98 |
Market share (in %) |
11 /15 |
9 /13 |
14 /18 |
10 /14 |
Index (2017 = 100) |
100 |
83 |
128 |
95 |
Source: Eurostat Comext |
4.3.2.
Prices of the imports from India
|
2017 |
2018 |
2019 |
Review Investigation Period |
India |
553 |
562 |
586 |
585 |
Index (2017 = 100) |
100 |
101 |
105 |
105 |
Source: Eurostat Comext |
4.3.3.
Price undercutting
4.3.4.
Imports from third countries other than India
Country |
|
2017 |
2018 |
2019 |
Review Investigation Period |
China |
Volume (tonne) |
[2 900 – 3 400 ] |
[1 400 – 1 700 ] |
[3 900 – 4 600 ] |
[200 – 400 ] |
Index |
100 |
50 |
133 |
10 |
|
Market share (in %) |
[0 – 1 ] |
[0 – 1 ] |
[0 – 2 ] |
[0 – 1 ] |
|
Index (2017 = 100) |
100 |
48 |
119 |
9 |
|
Average price (EUR/tonne) |
701 |
933 |
738 |
833 |
|
Index (2017 = 100) |
100 |
133 |
105 |
118 |
|
Russia |
Volume (tonne) |
[2 000 – 2 500 ] |
[1 400 – 1 600 ] |
[2 900 – 3 600 ] |
[1 200 – 1 600 ] |
Index (2017 = 100) |
100 |
67 |
147 |
63 |
|
Market share (in %) |
[0 – 1 ] |
[0 – 1 ] |
[0 – 1 ] |
[0 – 1 ] |
|
Index (2017 = 100) |
100 |
65 |
132 |
61 |
|
Average price (EUR/tonne) |
568 |
697 |
735 |
698 |
|
Index (2017 = 100) |
100 |
122 |
129 |
122 |
|
Switzerland |
Volume (tonne) |
[3 400 – 4 400 ] |
[1 800 – 2 200 ] |
[1 600 – 2 000 ] |
[800 – 1 000 ] |
Index (2017 = 100) |
100 |
52 |
47 |
23 |
|
Market share (in %) |
[0 – 1 ] |
[0 – 1 ] |
[0 – 1 ] |
[0 – 1 ] |
|
Index (2017 = 100) |
100 |
51 |
42 |
23 |
|
Average price (EUR/tonne) |
1 604 |
1 656 |
1 714 |
1 817 |
|
Index (2017 = 100) |
100 |
103 |
106 |
113 |
|
Turkey |
Volume (tonne) |
[10 – 20 ] |
[10 – 20 ] |
[3 100 – 3 650 ] |
[4 200 – 5 000 ] |
Index (2017 = 100) |
100 |
115 |
25 750 |
35 070 |
|
Market share (in %) |
[0 – 1 ] |
[0 – 1 ] |
[0 - 1 ] |
[1 – 2 ] |
|
Index (2017 = 100) |
100 |
111 |
23 065 |
34 035 |
|
Average price (EUR/tonne) |
1 136 |
1 750 |
838 |
1 007 |
|
Index (2017 = 100) |
100 |
153 |
73 |
88 |
|
UAE |
Volume (tonne) |
[460 – 590 ] |
[3 700 – 4 400 ] |
[4 800 – 5 600 ] |
[6 400 – 7 600 ] |
Index (2017 = 100) |
100 |
766 |
988 |
1 322 |
|
Market share (in %) |
[0 – 1 ] |
[0 – 1 ] |
[1 – 2 ] |
[1 – 2 ] |
|
Index (2017 = 100) |
100 |
741 |
884 |
1 282 |
|
Average price (EUR/tonne) |
712 |
786 |
722 |
705 |
|
Index (2017 = 100) |
100 |
110 |
101 |
99 |
|
Other third countries |
Volume (tonne) |
[10 -20 ] |
[150 – 200 ] |
[10 -50 ] |
[150 – 300 ] |
Index (2017 = 100) |
100 |
994 |
200 |
1 457 |
|
Market share (in %) |
[0 – 1 ] |
[0 – 1 ] |
[0 – 1 ] |
[0 – 1 ] |
|
Index (2017 = 100) |
100 |
962 |
179 |
1 414 |
|
Average price |
508 |
1 422 |
1 980 |
897 |
|
Index (2017 = 100) |
100 |
279 |
389 |
176 |
|
Total of all third countries excl. India |
Volume (tonne) |
[8 700 – 11 200 ] |
[8 800 – 10 500 ] |
[16 000 – 19 600 ] |
[13 500 – 15 800 ] |
Index (2017 = 100) |
100 |
94 |
180 |
145 |
|
Market share (in %) |
[1 – 3 ] |
[1 – 3 ] |
[3 – 5 ] |
[3 – 5 ] |
|
Index (2017 = 100) |
100 |
91 |
161 |
141 |
|
Average price (EUR/tonne) |
1 033 |
1 004 |
856 |
879 |
|
Index (2017 = 100) |
100 |
97 |
82 |
85 |
|
Source: Eurostat Comext database |
4.4.
Economic situation of the Union industry
4.4.1.
General remarks
4.4.2.
Macroeconomic indicators
4.4.2.1. Production, production capacity and capacity utilisation
|
2017 |
2018 |
2019 |
Review Investigation Period |
Production volume (in 1 000 tonne) |
[408 – 478 ] |
[452 – 530 ] |
[436 – 510 ] |
[372 – 436 ] |
Index (2017 = 100) |
100 |
110 |
106 |
91 |
Production capacity (in 1 000 tonne) |
[824 – 965 ] |
[824 – 965 ] |
[824 – 965 ] |
[743 – 870 ] |
Index (2017 = 100) |
100 |
100 |
100 |
90 |
Capacity utilisation (in %) |
[47 – 51 ] |
[52 – 56 ] |
[50 – 54 ] |
[48 – 51 ] |
Index (2017 = 100) |
100 |
110 |
106 |
101 |
Source: Data submitted by the Union industry and verified questionnaire replies of the sampled Union producers |
4.4.2.2. Sales volume and market share
|
2017 |
2018 |
2019 |
Review Investigation Period |
Sales volume on the Union market (in 1 000 tonnes) |
[321 – 376 ] |
[341 – 399 ] |
[338 – 396 ] |
[329 – 386 ] |
Index |
100 |
106 |
105 |
102 |
Market share (in %) |
[82 - 88 ] |
[84 – 90 ] |
[77 – 83 ] |
[81 – 87 ] |
Index |
100 |
102 |
94 |
99 |
Captive market sales (in 1 000 tonnes) |
[15 – 17 ] |
[13 – 16 ] |
[10 – 12 ] |
[2 – 3 ] |
Index |
100 |
91 |
68 |
18 |
Market share of captive market sales (in %) |
[3 – 4 ] |
[3 – 4 ] |
[2 – 3 ] |
[0 – 1 ] |
Index |
100 |
88 |
61 |
18 |
Source: Data provided by the Union industry and verified questionnaire replies of the sampled Union producers |
4.4.2.3. Growth
4.4.2.4. Employment and productivity
|
2017 |
2018 |
2019 |
Review Investigation Period |
Number of employees |
[1 820 – 2 540 ] |
[1 820 – 2 540 ] |
[1 810 – 2 530 ] |
[1 700 – 2 390 ] |
Index |
100 |
100 |
99 |
93 |
Productivity (tonne/employee) |
[162 – 226 ] |
[179 – 250 ] |
[173 – 242 ] |
[157 – 220 ] |
Index |
100 |
110 |
107 |
97 |
Source: Data provided by the Union industry and verified questionnaire replies of the sampled Union producers |
4.4.2.5. Magnitude of dumping and recovery from past dumping
4.4.3.
Microeconomic indicators
4.4.3.1. Prices and factors affecting prices
|
2017 |
2018 |
2019 |
Review Investigation Period |
Average unit sales price in the Union on the total market (EUR/tonne) |
[950 – 1 110 ] |
[960 – 1 130 ] |
[1 020 – 1 190 ] |
[1 020 - 1 200 ] |
Index |
100 |
101 |
107 |
107 |
Unit cost of production (EUR/tonne) |
[1 000 – 1 100 ] |
[900 – 1 100 ] |
[1 000 – 1 100 ] |
[1 000 – 1 200 ] |
Index |
100 |
97 |
101 |
105 |
Source: verified questionnaire replies of the sampled Union producers |
4.4.3.2. Labour costs
|
2017 |
2018 |
2019 |
Review Investigation Period |
Average labour costs per employee |
[56 000 – 66 000 ] |
[57 000 – 66 000 ] |
[57 000 – 67 000 ] |
[53 000 – 62 000 ] |
Index (2017 = 100) |
100 |
100 |
101 |
94 |
Source: verified questionnaire replies of the sampled Union producers |
4.4.3.3. Inventories
|
2017 |
2018 |
2019 |
Review Investigation Period |
Closing stocks (in 1 000 tonnes) |
[87 – 102 ] |
[77 – 90 ] |
[84 – 98 ] |
[68 – 79 ] |
Index (2017 = 100) |
100 |
88 |
95 |
77 |
Closing stocks as a percentage of production in %) |
[20 – 25 ] |
[15 – 17 ] |
[18 – 20 ] |
[18 – 20 ] |
Index (2017 = 100) |
100 |
79 |
89 |
85 |
4.4.3.4. Profitability, cash flow, investments, return on investments and ability to raise capital
|
2017 |
2018 |
2019 |
Review Investigation Period |
Profitability of sales in the Union to unrelated customers (in % of sales) |
[-5 – -9 ] |
[-1 – -5 ] |
[-1 – -5 ] |
[-3 – -7 ] |
Index (2017 = 100) |
- 100 |
-33 |
-36 |
-69 |
Cash flow (million EUR) |
[-31 – -37 ] |
[-46 – -54 ] |
[-73 – -85 ] |
[-43 – -51 ] |
Index (2017 = 100) |
100 |
- 145 |
- 231 |
- 138 |
Investments (million EUR) |
[20 – 24 ] |
[30 – 36 ] |
[33 – 39 ] |
[15 – 18 ] |
Index (2017 = 100) |
100 |
149 |
161 |
73 |
Return on investments (in %) |
[-6 – -8 ] |
[-7 —-9 ] |
[-10 – -12 ] |
[-5 – -7 ] |
Index (2017 = 100) |
- 100 |
- 131 |
- 194 |
- 106 |
Source: verified questionnaire replies of the sampled Union producers |
4.5.
Conclusion on injury
5.
CAUSATION
5.1.
Effects of the dumped imports
5.2.
Effects of other factors
|
2017 |
2018 |
2019 |
Review Investigation Period |
Export volume (in 1 000 tonne) |
[119 – 140 ] |
[147 – 172 ] |
[102 – 119 ] |
[66 – 77 ] |
Index (2017 = 100) |
100 |
122 |
85 |
55 |
Average price (EUR/tonne) |
[760 – 890 ] |
[750 – 880 ] |
[840 – 980 ] |
[890 – 1 040 ] |
Index (2017 = 100) |
100 |
99 |
110 |
117 |
Source: the applicant for volume and verified questionnaire replies for values |
6.
LIKELIHOOD OF CONTINUATION OF INJURY IF THE MEASURES WERE REPEALED
6.1.
The production capacity, spare capacity in India and the attractiveness of the Union market
6.2.
Attractiveness of the Union market
6.3.
Conclusion on likelihood of a continuation and/or recurrence of injury
7.
UNION INTEREST
7.1.
Interest of the Union industry
7.2.
Interest of unrelated importers, traders and users
7.3.
Conclusion on Union interest
8.
ANTI-DUMPING MEASURES
Article 1
Company |
Definitive anti-dumping duty |
TARIC additional code |
Jindal Saw Limited |
3 % |
C054 |
Electrosteel Castings Ltd |
0 % |
C055 |
All other companies |
14,1 % |
C999 |