COMMISSION IMPLEMENTING REGULATION (EU) 2019/566
of 9 April 2019
imposing a definitive anti-dumping duty on imports of certain tube and pipe fittings originating in the Russian Federation, the Republic of Korea and Malaysia following an expiry review pursuant to Article 11(2) of the Regulation (EU) 2016/1036 of the European Parliament and of the Council and terminating the investigation concerning the imports of the same product originating in the Republic of Turkey
1.
PROCEDURE
1.1.
Measures in force
(a)
The Republic of Korea and Malaysia
(b)
The Republic of Turkey and the Russian Federation
(c)
Other third countries not subject to this review
1.2.
Request for an expiry review
1.3.
Initiation
1.4.
Review investigation period and period considered
1.5.
Interested parties
1.5.1.
Sampling
1.5.2.
Sampling of Union producers
1.5.3.
Sampling of unrelated importers
1.5.4.
Sampling of exporting producers
1.5.5.
Questionnaires and verification visits
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.
Turkey
3.2.1.
Dumping during the review investigation period
3.2.1.1. Targeted dumping
3.2.1.2. Cooperating exporting producers
3.2.1.3. Non-cooperating exporting producers
3.2.2.
Likelihood of recurrence of dumping
3.2.2.1. Exports to other third countries
3.2.2.2. Turkish production capacity
3.2.2.3. Attractiveness of the Union market
3.2.2.4. Conclusion on the recurrence of dumping
3.3.
Russia
3.3.1.
Dumping during the review investigation period
3.3.1.1. Preliminary remarks
3.3.1.2. Continuation of dumping to the Union during the review investigation period
3.3.1.3. Likelihood of continuation or recurrence of dumping should measures on imports from Russia be repealed
3.3.1.4. Exports to third countries
3.3.1.5. Production capacity and spare capacity
3.3.1.6. Attractiveness of the Union market
3.3.1.7. Conclusion on the likelihood of continuation or, in any event, likelihood of recurrence of dumping
3.4.
Korea
3.4.1.
Continuation of dumping in the Union during the review investigation period
3.4.2.
Evidence of likelihood of recurrence of dumping
3.4.2.1. Exports to third countries
3.4.2.2. Production capacity and spare capacity
3.4.2.3. Attractiveness of the Union market
3.4.2.4. Conclusion on the likelihood of recurrence of dumping
3.5.
Malaysia
3.5.1.
Continuation of dumping in the Union during the review investigation period
3.5.2.
Evidence of likelihood of recurrence of dumping
3.5.2.1. Exports to third countries
3.5.2.2. Production capacity and spare capacity
3.5.2.3. Attractiveness of the Union market
3.5.2.4. Conclusion on the likelihood of recurrence of dumping
3.6.
Conclusion
3.6.1.
Turkey
3.6.2.
Russia, Korea and Malaysia
4.
LIKELIHOOD OF CONTINUATION OR RECURRENCE OF INJURY
4.1.
Definition of the Union industry and Union production
4.2.
Union consumption
|
2014 |
2015 |
2016 |
RIP |
Union consumption (tonnes) |
59 864 |
51 151 |
56 722 |
52 535 |
Index (2014 = 100) |
100 |
85 |
95 |
88 |
Source: questionnaire replies of sampled Union producers, review request, information provided by the applicant, Eurostat (TARIC level). |
4.3.
Imports from the countries concerned
4.3.1.
Preliminary remark
4.3.2.
Imports from Malaysia
(a)
Volume and market share
|
|
2014 |
2015 |
2016 |
RIP |
Malaysia |
Import volume (tonnes) |
0,1 |
0,6 |
0,4 |
1,3 |
Index (2014 = 100) |
100 |
600 |
400 |
1 300 |
|
Market share (%) |
0,0 |
0,0 |
0,0 |
0,0 |
|
Source: Eurostat (TARIC level) |
(b)
Prices and price undercutting
4.3.3.
Imports from Korea
(a)
Volume and market share
|
|
2014 |
2015 |
2016 |
RIP |
Korea |
Import volume (tonnes) |
405 |
89 |
346 |
36 |
Index (2014 = 100) |
100 |
22 |
85 |
9 |
|
Market share (%) |
0,7 |
0,2 |
0,6 |
0,1 |
|
Index (2014 = 100) |
100 |
26 |
90 |
10 |
|
Source: Eurostat (TARIC level) |
(b)
Prices and price undercutting
4.3.4.
Imports from Russia
(a)
Volume and market share
|
|
2014 |
2015 |
2016 |
RIP |
Russia |
Import volume (tonnes) |
18 |
21 |
431 |
468 |
Index (2014 = 100) |
100 |
119 |
2 448 |
2 657 |
|
Market share (%) |
0,0 |
0,0 |
0,8 |
0,9 |
|
Index (2014 = 100) |
100 |
139 |
2 584 |
3 027 |
|
Source: Eurostat (TARIC level) |
(b)
Prices and price undercutting
|
|
2014 |
2015 |
2016 |
RIP |
Russia |
Import prices (EUR/tonne) |
9 706 |
7 088 |
1 126 |
980 |
Index (2014 = 100) |
100 |
73 |
12 |
10 |
|
Source: Eurostat (TARIC level) |
4.3.5.
Imports from other third countries
Country |
|
2014 |
2015 |
2016 |
RIP |
All other third countries |
Imports (tonnes) |
21 906 |
17 812 |
23 062 |
20 865 |
Index (2014 = 100) |
100 |
81 |
105 |
95 |
|
Market share (%) |
36,6 |
34,8 |
40,7 |
39,7 |
|
Price (EUR/tonne) |
1 879 |
2 202 |
1 907 |
1 686 |
|
Index (2014 = 100) |
100 |
117 |
102 |
90 |
|
China |
Imports (tonnes) |
8 915 |
7 239 |
10 054 |
8 086 |
Index (2014 = 100) |
100 |
81 |
113 |
91 |
|
Market share (%) |
14,9 |
14,2 |
17,7 |
15,4 |
|
Price (EUR/tonne) |
1 232 |
1 474 |
1 285 |
1 233 |
|
Index (2014 = 100) |
100 |
120 |
104 |
100 |
|
Cambodia |
Imports (tonnes) |
1 151 |
1 137 |
2 899 |
3 403 |
Index (2014 = 100) |
100 |
99 |
252 |
296 |
|
Market share (%) |
1,9 |
2,2 |
5,1 |
6,5 |
|
Price (EUR/tonne) |
1 301 |
1 486 |
1 280 |
1 322 |
|
Index (2014 = 100) |
100 |
114 |
98 |
102 |
|
Vietnam |
Imports (tonnes) |
2 954 |
2 377 |
2 348 |
2 803 |
Index (2014 = 100) |
100 |
80 |
79 |
95 |
|
Market share (%) |
4,9 |
4,6 |
4,1 |
5,3 |
|
Price (EUR/tonne) |
1 696 |
1 883 |
1 473 |
1 501 |
|
Index (2014 = 100) |
100 |
111 |
87 |
88 |
|
Turkey |
Import volume (tonnes) |
1 147 |
1 316 |
1 745 |
1 509 |
Index (2014 = 100) |
100 |
115 |
152 |
132 |
|
Market share (%) |
1,9 |
2,6 |
3,1 |
2,9 |
|
Index (2014 = 100) |
100 |
134 |
161 |
150 |
|
Import prices (EUR/tonne) |
1 924 |
1 915 |
1 824 |
1 782 |
|
Index (2014 = 100) |
100 |
100 |
95 |
93 |
|
Other third countries |
Imports (tonnes) |
7 739 |
5 743 |
6 016 |
5 065 |
Index (2014 = 100) |
100 |
74 |
78 |
65 |
|
Market share (%) |
12,9 |
11,2 |
10,6 |
9,6 |
|
Price (EUR/tonne) |
2 773 |
3 460 |
3 443 |
2 729 |
|
Index (2014 = 100) |
100 |
125 |
124 |
98 |
|
Source: Eurostat (TARIC level). |
4.4.
Economic situation of the Union industry
4.4.1.
General remarks
4.4.2.
Macroeconomic indicators
(c)
Production, production capacity and capacity utilisation
|
2014 |
2015 |
2016 |
RIP |
Production volume (tonnes) |
48 385 |
44 428 |
40 008 |
41 350 |
Index (2014 = 100) |
100 |
92 |
83 |
85 |
Production capacity (tonnes) |
165 181 |
165 181 |
164 003 |
150 202 |
Index (2014 = 100) |
100 |
100 |
99 |
91 |
Capacity utilisation (%) |
29,3 |
26,9 |
24,4 |
27,5 |
Source: review request, information provided by the applicant, verified questionnaire replies of the sampled Union producers. |
(d)
Sales volume and market share
|
2014 |
2015 |
2016 |
RIP |
Sales volume in the Union (tonnes) |
37 535 |
33 228 |
32 882 |
31 165 |
Index (2012 = 100) |
100 |
89 |
88 |
83 |
Market share (%) |
62,7 |
65,0 |
58,0 |
59,3 |
Source: review request, information provided by the applicant, verified questionnaire replies of the sampled Union producers. |
(e)
Growth
(f)
Employment and productivity
|
2014 |
2015 |
2016 |
RIP |
Number of employees |
1 312 |
1 314 |
1 250 |
924 |
Index (2014 = 100) |
100 |
100 |
95 |
70 |
Productivity (tonnes/employee) |
37 |
34 |
32 |
45 |
Index (2014 = 100) |
100 |
92 |
87 |
121 |
Source: review request, information provided by the applicant, verified questionnaire replies of the sampled Union producers. |
(g)
Magnitude of the dumping margin and recovery from past dumping
4.4.3.
Microeconomic indicators
(a)
Prices and factors affecting prices
|
2014 |
2015 |
2016 |
RIP |
Average unit selling price in the Union (EUR/tonne) |
2 784 |
2 865 |
2 628 |
2 552 |
Index (2014 = 100) |
100 |
103 |
94 |
92 |
Unit cost of production (EUR/tonne) |
3 175 |
3 303 |
3 185 |
2 999 |
Index (2014 = 100) |
100 |
104 |
100 |
94 |
Source: verified questionnaire replies of the sampled Union producers. |
(b)
Labour costs
|
2014 |
2015 |
2016 |
RIP |
Average labour costs per employee (EUR/employee) |
55 163 |
54 443 |
53 850 |
54 988 |
Index (2014 = 100) |
100 |
99 |
98 |
100 |
Source: verified questionnaire replies of the sampled Union producers. |
(c)
Inventories
|
2014 |
2015 |
2016 |
RIP |
Closing stocks |
5 857 |
6 213 |
7 495 |
7 098 |
Index (2014 = 100) |
100 |
106 |
128 |
121 |
Closing stocks as a percentage of production (%) |
23 |
28 |
38 |
32 |
Source: verified questionnaire replies of the sampled Union producers. |
(d)
Profitability, cash flow, investments, return on investments and ability to raise capital
|
2014 |
2015 |
2016 |
Review investigation period |
Profitability of sales in the Union to unrelated customers (% of sales turnover) |
– 12,3 |
– 13,3 |
– 17,5 |
– 14,9 |
Cash flow (EUR) |
– 3 572 396 |
– 3 040 537 |
– 2 134 815 |
1 100 439 |
Index (2014 = 100) |
– 100 |
– 85 |
– 60 |
31 |
Investments (EUR) |
2 606 076 |
1 644 753 |
1 691 602 |
3 550 772 |
Index (2012 = 100) |
100 |
63 |
65 |
136 |
Return on investments (%) |
– 20,0 |
– 20,3 |
– 25,7 |
– 18,5 |
Source: verified questionnaire replies of the sampled Union producers. |
4.4.4.
Conclusion on the situation of the Union industry
4.4.5.
Conclusion
4.5.
Likelihood of recurrence of injury
4.5.1.
Preliminary remark
(a)
Production capacity and spare capacity available in Malaysia, Korea and Russia
(b)
Possible price levels of imports from Malaysia, Korea and Russia
(c)
Trade restrictive measures on exports from Malaysia, Korea and Russia and the attractiveness of the Union market
4.5.2.
Impact on the Union industry
5.
UNION INTEREST
5.1.
Interest of the Union industry
5.2.
Interest of importers, traders and users
5.3.
Conclusion on Union interest
6.
ANTI-DUMPING MEASURES
Article 1
Country |
Company |
Duty rate |
TARIC additional code |
Malaysia |
Anggerik Laksana Sdn Bhd, Selangor Darul Ehsan |
59,2 % |
A324 |
Pantech Steel Industries Sdn Bhd |
49,9 % |
A961 |
|
All other companies |
75,0 % |
A999 |
|
Russian Federation |
All companies |
23,8 % |
— |
Republic of Korea |
TK Corporation, 1499-1, Songjeong- Dong, Gangseo-Gu, Busan |
32,4 % |
C066 |
All other companies |
44,0 % |
C999 |