COMMISSION IMPLEMENTING REGULATION (EU) 2022/95
of 24 January 2022
imposing a definitive anti-dumping duty on imports of certain tube and pipe fittings, of iron or steel, originating in the People’s Republic of China, as extended to imports of certain tube and pipe fittings, of iron or steel consigned from Taiwan, Indonesia, Sri Lanka and the Philippines, whether declared as originating in these countries or not, 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.
Measures in force
1.2.
Measures in force with respect to other third countries
1.3.
Request for an expiry review and initiation
1.4.
Interested parties
1.5.
Sampling
1.5.1.
Sampling of Union producers
1.5.2.
Sampling of producers in China
1.6.
Sampling of unrelated importers
1.7.
Questionnaires and verification visits
1.8.
Subsequent procedure
1.9.
Review investigation period and period considered
1.10.
Withdrawal of the United Kingdom from the Union
2.
PRODUCT UNDER REVIEW AND LIKE PRODUCT
2.1.
Product under review
2.2.
Like product
3.
LIKELIHOOD OF A CONTINUATION OR RECURRENCE OF DUMPING
3.1.
Preliminary remarks
3.2.
Continuation of dumping of imports during the review investigation period
3.2.1.
Normal value
3.2.1.1. Introduction
3.2.1.2. Procedure for the determination of the normal value under Article 2(6a) of the basic Regulation
3.2.2.
Existence of significant distortions
3.2.3.
Representative country
3.2.3.1. General remarks
3.2.3.2. A level of economic development similar to the PRC
3.2.3.3. Production of the product under review in the representative country
3.2.3.4. Availability of relevant public data in the representative country
3.2.3.5. Level of social and environmental protection
3.2.3.6. Conclusion on representative country
3.2.4.
Sources used to establish undistorted costs
3.2.5.
Undistorted costs and benchmarks
Factor of Production |
Commodity code |
Source of data |
Unit undistorted value |
Raw Material |
|
|
|
Mother pipe |
7304 19 |
GTA |
1,843 EUR/kg |
Energy/water |
|||
Electricity |
[N/A] |
Metropolitan Electricity Authority(53) |
0,09945 EUR/kWh |
Natural Gas |
[N/A] |
Ministry of Energy of Thailand(54) |
0,035 EUR/kWh |
Fuel Oil |
[N/A] |
Ministry of Energy of Thailand(55) |
0,37 EUR/litre |
Water |
[N/A] |
Thai Provincial Waterworks Authority(56) |
0,026 EUR/m3 |
Labour |
|||
|
[N/A] |
KPMG(57) for social security charges paid by the employer National Statistical Office of Thailand for the actual labour cost(58) |
3,04 EUR/hour |
By-product/waste |
|
|
|
Steel scrap |
7204 49 |
GTA |
0,237940 EUR/kg |
3.2.5.1. Raw materials
3.2.5.2. Labour
3.2.5.3. Electricity
3.2.5.4. Natural Gas
3.2.5.5. Fuel Oil
3.2.5.6. Water
3.2.6.
Manufacturing overhead costs, SG&A and profits
3.2.7.
Calculation
3.2.8.
Export price
3.2.9.
Comparison and dumping margin
3.3.
Likelihood of continuation of dumping
3.3.1.
Production capacity and spare capacity in the PRC
3.3.2.
Attractiveness of the Union market
3.3.3.
Conclusion on the likelihood of continuation of dumping
4.
LIKELIHOOD OF A CONTINUATION OR RECURRENCE OF INJURY
4.1.
Definition of the Union industry and Union production
4.2.
Union consumption
|
2017 |
2018 |
2019 |
RIP |
||
Union consumption (tonnes) |
46 277 |
52 737 |
49 237 |
49 684 |
||
Index (2017 = 100 %) |
100 |
114 |
106 |
107 |
||
|
4.3.
Imports from China
4.3.1.
Volume and market share of imports from China
|
2017 |
2018 |
2019 |
Review investigation period |
||
TPF originating in China |
5 864 |
4 925 |
5 047 |
5 192 |
||
Index (2017 = 100 %) |
100 |
84 |
86 |
89 |
||
Market share (%) |
13 |
9 |
10 |
10 |
||
|
4.3.2.
Prices of imports from China and price undercutting
|
2017 |
2018 |
2019 |
Review investigation period |
||
TPF originating in China |
1 265,05 |
1 696,70 |
1 870,44 |
1 852,77 |
||
Index (2017 = 100 %) |
100 |
134 |
148 |
146 |
||
|
4.4.
Imports from other third countries
Country |
|
2017 |
2018 |
2019 |
Review investigation period |
||
Total third countries excl. China |
Imports |
10 506 |
13 632 |
12 883 |
13 563 |
||
|
Index |
100 |
130 |
123 |
129 |
||
|
Market share (%) |
23 |
26 |
26 |
27 |
||
|
Price (EUR/tonne) |
2 083 |
2 209 |
2 396 |
2 478 |
||
|
Index (2016 = 100) |
100 |
106 |
115 |
119 |
||
Turkey |
Imports |
1 498 |
1 907 |
2 800 |
2 860 |
||
|
Market share (%) |
3 |
4 |
6 |
6 |
||
|
Price (EUR/tonne) |
1 825 |
1 978 |
2 032 |
2 090 |
||
Vietnam |
Imports |
2 527 |
2 958 |
1 976 |
2 240 |
||
|
Market share (%) |
5 |
6 |
4 |
5 |
||
|
Price (EUR/tonne) |
1 504 |
1 554 |
1 794 |
1 850 |
||
Cambodia |
Imports |
1 905 |
2 471 |
2 076 |
2 172 |
||
|
Market share (%) |
4 |
5 |
4 |
4 |
||
|
Price (EUR/tonne) |
1 328 |
1 541 |
1 663 |
1 597 |
||
Other third countries (excl. China, Turkey, Vietnam and Cambodia) |
Imports |
4 576 |
6 296 |
6 031 |
6 291 |
||
|
Market share (%) |
10 |
12 |
12 |
13 |
||
|
Price (EUR/tonne) |
2 801 |
2 849 |
3 015 |
3 182 |
||
|
4.5.
Economic situation of the Union industry
4.5.1.
General remarks
4.5.2.
Macroeconomic indicators
4.5.2.1. Production, production capacity and capacity utilisation
|
2017 |
2018 |
2019 |
Review investigation period |
||
Production volume (tonnes) |
38 617 |
50 562 |
46 812 |
41 162 |
||
Index (2017 = 100) |
100 |
131 |
121 |
107 |
||
Production capacity (tonnes) |
144 702 |
158 271 |
150 526 |
150 526 |
||
Index (2017 = 100) |
100 |
109 |
104 |
104 |
||
Capacity utilisation (%) |
27 |
32 |
31 |
27 |
||
|
4.5.2.2. Sales volume and market share
|
2017 |
2018 |
2019 |
Review investigation period |
||
Sales volume in the Union (tonnes) |
29 907 |
34 180 |
31 306 |
30 929 |
||
Index (2017 = 100) |
100 |
114 |
105 |
103 |
||
Market share (%) |
65 |
65 |
64 |
62 |
||
|
4.5.2.3. Growth
4.5.2.4. Employment and productivity
|
2017 |
2018 |
2019 |
Review investigation period |
||
Number of employees |
953 |
1 035 |
996 |
958 |
||
Index (2017 = 100) |
100 |
109 |
105 |
101 |
||
Productivity (tonnes/employee) |
41 |
49 |
47 |
43 |
||
Index (2017 = 100) |
100 |
121 |
116 |
106 |
||
|
4.5.3.
Magnitude of the dumping margin and recovery from past dumping
4.5.4.
Microeconomic indicators
4.5.4.1. Prices and factors affecting prices
|
2017 |
2018 |
2019 |
Review investigation period |
||
Average unit selling price in the Union (EUR/tonne) |
2 479 |
2 547 |
2 709 |
2 583 |
||
Index (2017 = 100) |
100 |
103 |
109 |
104 |
||
Unit cost of production (EUR/tonne) |
3 096 |
2 878 |
3 007 |
3 079 |
||
Index (2017 = 100) |
100 |
93 |
97 |
100 |
||
|
4.5.4.2. Labour costs
|
2017 |
2018 |
2019 |
Review investigation period |
||
Average labour costs per employee (EUR/employee) |
55 627 |
63 259 |
62 588 |
60 718 |
||
Index (2017 = 100) |
100 |
114 |
113 |
109 |
||
|
4.5.4.3. Stocks
|
2017 |
2018 |
2019 |
Review investigation period |
||
Closing stocks (tonnes) |
7 416 |
7 716 |
8 830 |
6 938 |
||
Index (2017 = 100) |
100 |
104 |
119 |
94 |
||
|
4.5.4.4. 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 (% of sales turnover) |
-22 |
-4 |
-6 |
-12 |
||
Index (2017 = 100) |
- 100 |
-20 |
-27 |
-53 |
||
Cash flow (EUR) |
- 712 306 |
3 885 489 |
-2 909 316 |
-3 154 172 |
||
Index (2017 = 100) |
- 100 |
545 |
- 408 |
- 443 |
||
Investments (EUR) |
5 206 064 |
4 312 069 |
4 030 480 |
3 429 405 |
||
Index (2017 = 100) |
100 |
83 |
77 |
66 |
||
Return on investments (%) |
-12 |
7 |
-7 |
-14 |
||
Index (2017 = 100) |
- 100 |
56 |
-61 |
- 116 |
||
|
4.5.5.
Conclusion on the situation of the Union industry
5.
LIKELIHOOD OF RECURRENCE OF INJURY ORIGINALLY CAUSED BY DUMPED IMPORTS FROM THE COUNTRY CONCERNCED IF THE MEASURES WERE TO BE REPEALED
6.
UNION INTEREST
6.1.
Interest of the Union industry
6.2.
Interest of importers/traders and users
6.3.
Conclusion on Union interest
7.
ANTI-DUMPING MEASURES
Article 1
Country |
Company |
Duty rate (%) |
TARIC additional codes |
China |
All companies |
58,6 |
- |