COMMISSION IMPLEMENTING REGULATION (EU) 2016/2303
of 19 December 2016
imposing a provisional anti-dumping duty on imports of certain concrete reinforcement bars and rods originating in the Republic of Belarus
1.
PROCEDURE
1.1.
Initiation
1.2.
Interested parties
1.3.
Analogue country producers
1.4.
Sampling
1.4.1.
Sampling of Union producers
1.4.2.
Sampling of unrelated importers
1.5.
Replies to the questionnaire
1.6.
Verification visits
1.7.
Investigation period and period considered
2.
PRODUCT CONCERNED AND LIKE PRODUCT
2.1.
Product concerned
2.2.
Like product
2.3.
Claims regarding product scope
3.
DUMPING
3.1.
General remarks
3.2.
Normal value
3.2.1.
Analogue country
3.2.2.
Normal value (analogue country)
3.3.
Export price
3.4.
Comparison
3.5.
Dumping margins
Company |
Provisional dumping margin |
Open Joint-Stock Company ‘Byelorussian Steel Works — Management Company of “Byelorussian Metallurgical Company” Holding’, Belarus |
58,4 % |
All other companies |
58,4 % |
4.
UNION INDUSTRY
4.1.
Definition of Union industry and Union production
5.
INJURY
5.1.
Preliminary remark
5.2.
Union consumption
|
2012 |
2013 |
2014 |
IP |
Consumption (in tonnes) |
9 465 588 |
8 783 290 |
9 445 867 |
9 704 309 |
Index (2012 = 100) |
100 |
93 |
100 |
103 |
Source: Eurostat, complaint and questionnaire replies. |
5.3.
Imports into the Union from the country concerned
5.3.1.
Volume and market share of the imports concerned
|
2012 |
2013 |
2014 |
IP |
Volume (tonnes) |
173 664 |
155 012 |
260 774 |
488 759 |
Index (2012 = 100) |
100 |
89 |
150 |
281 |
Market share on EU consumption (%) |
1,8 |
1,8 |
2,8 |
5,0 |
Index (2012 = 100) |
100 |
96 |
150 |
275 |
Source: Eurostat, complaint and questionnaire replies. |
5.3.2.
Prices of imports and price undercutting
|
2012 |
2013 |
2014 |
IP |
Average price in EUR/tonne |
500 |
467 |
441 |
376 |
Index (2012 = 100) |
100 |
93 |
88 |
75 |
Source: Eurostat. |
5.4.
Economic situation of the Union industry
5.4.1.
Preliminary remarks
5.4.2.
Macroeconomic indicators
(a) Production, production capacity and capacity utilisation
|
2012 |
2013 |
2014 |
IP |
Production volume (tonnes) |
13 387 728 |
12 563 163 |
13 255 746 |
12 689 981 |
Index (2012 = 100) |
100 |
94 |
99 |
95 |
Production capacity (tonnes) |
18 848 442 |
19 038 334 |
19 168 491 |
18 897 474 |
Index (2012 = 100) |
100 |
101 |
102 |
100 |
Capacity utilisation (%) |
71 |
66 |
69 |
67 |
Index (2012 = 100) |
100 |
93 |
97 |
95 |
Source: Eurostat, complaint and questionnaire replies. |
(b) Sales volume, market share and growth
|
2012 |
2013 |
2014 |
IP |
Sales volume unrelated (tonnes) |
7 734 058 |
7 189 883 |
7 192 146 |
7 237 285 |
Index (2012 = 100) |
100 |
93 |
93 |
94 |
Market share unrelated sales (%) |
82 |
82 |
76 |
75 |
Index (2012 = 100) |
100 |
100 |
93 |
91 |
Sales volume related (tonnes) |
888 325 |
735 632 |
1 091 819 |
1 012 318 |
Index (2012 = 100) |
100 |
83 |
123 |
114 |
Market share related sales (%) |
9 |
8 |
12 |
10 |
Index (2012 = 100) |
100 |
89 |
123 |
111 |
Source: Eurostat, complaint and questionnaire replies. |
(c) Employment and productivity
|
2012 |
2013 |
2014 |
IP |
Number of employees |
5 363 |
5 133 |
5 282 |
5 239 |
Index (2012 = 100) |
100 |
96 |
98 |
98 |
Productivity (MT/employee) |
2 496 |
2 447 |
2 510 |
2 422 |
Index (2012 = 100) |
100 |
98 |
101 |
97 |
Source: Complaint and questionnaire replies. |
(d) Magnitude of the actual dumping margin and recovery from past dumping
5.4.3.
Microeconomic indicators
(a) Average unit selling prices on the Union market and unit cost of production
|
2012 |
2013 |
2014 |
IP |
Average unit selling price in the Union to unrelated customers (EUR/tonne) |
493 |
459 |
436 |
383 |
Index (2012 = 100) |
100 |
93 |
88 |
78 |
Unit cost of goods sold (EUR/tonne) |
487 |
466 |
441 |
391 |
Index (2012 = 100) |
100 |
96 |
91 |
80 |
Source: Questionnaire replies. |
(b) Profitability, cash flow, investments, return on investments and ability to raise capital
|
2012 |
2013 |
2014 |
IP |
Profitability of sales in the Union to unrelated customers (% of sales turnover) |
1,3 |
– 1,6 |
– 1,2 |
– 2,1 |
Cash flow (EUR) |
35 355 861 |
15 439 631 |
17 308 800 |
5 869 113 |
Index (2012 = 100) |
100 |
44 |
49 |
17 |
Investments (EUR) |
29 266 937 |
23 168 567 |
21 554 327 |
20 818 669 |
Index (2012 = 100) |
100 |
79 |
74 |
71 |
Return on investments (%) |
0,7 |
– 2,6 |
– 2,5 |
– 3,2 |
Source: Questionnaire replies. |
(c) Stocks
|
2012 |
2013 |
2014 |
IP |
Closing stocks (tonnes) |
184 632 |
161 698 |
188 050 |
138 491 |
Index (2012 = 100) |
100 |
88 |
102 |
75 |
Source: Questionnaire replies. |
(d) Labour costs
|
2012 |
2013 |
2014 |
IP |
Average labour costs per employee (EUR) |
47 109 |
47 468 |
49 305 |
49 541 |
Index (2012 = 100) |
100 |
101 |
105 |
105 |
Source: Questionnaire replies. |
5.5.
Conclusion on injury
6.
CAUSATION
6.1.
Introduction
6.2.
Effect of the dumped imports
6.3.
Effect of other factors
6.3.1.
Export performance of the Union industry
6.3.2.
Sales to related parties
6.3.3.
Imports from third countries
Country |
|
2012 |
2013 |
2014 |
IP |
Norway |
Volume (tonnes) |
195 370 |
184 643 |
201 617 |
215 218 |
Index (2012 = 100) |
100 |
95 |
103 |
110 |
|
Market share (%) |
2,1 |
2,1 |
2,1 |
2,2 |
|
Av. Price (EUR/tonne) |
551 |
496 |
483 |
431 |
|
Bosnia and Herzegovina |
Volume (tonnes) |
47 702 |
79 207 |
105 910 |
116 927 |
Index (2012 = 100) |
100 |
166 |
222 |
245 |
|
Market share (%) |
0,5 |
0,9 |
1,1 |
1,2 |
|
Av. Price (EUR/tonne) |
566 |
479 |
455 |
415 |
|
Turkey |
Volume (tonnes) |
101 900 |
147 164 |
207 427 |
113 012 |
Index (2012 = 100) |
100 |
144 |
204 |
111 |
|
Market share (%) |
1,1 |
1,7 |
2,2 |
1,2 |
|
Av. Price (EUR/tonne) |
536 |
486 |
465 |
433 |
|
Ukraine |
Volume (tonnes) |
79 342 |
20 656 |
32 025 |
112 953 |
Index (2012 = 100) |
100 |
26 |
40 |
142 |
|
Market share (%) |
0,8 |
0,2 |
0,3 |
1,2 |
|
Av. price |
517 |
510 |
452 |
394 |
|
Rest of the World |
Volume (tonnes) |
245 225 |
271 092 |
354 150 |
407 837 |
Index (2012 = 100) |
100 |
111 |
144 |
166 |
|
Market share (%) |
2,6 |
3,1 |
3,7 |
4,2 |
|
Av. Price (EUR/tonne) |
697 |
645 |
573 |
502 |
6.3.4.
Costs evolution
6.3.5.
Impact of so called ‘VAT fraud scheme’
6.4.
Conclusion on causation
7.
UNION INTEREST
7.1.
General considerations
7.2.
Interest of the Union industry
7.3.
Interest of users and importers
7.4.
Conclusion on Union interest
8.
PROPOSAL FOR PROVISIONAL ANTI-DUMPING MEASURES
8.1.
Injury elimination level
8.2.
Provisional measures
Company |
Injury margin (%) |
Dumping margin (%) |
Provisional anti-dumping duty rate (%) |
BMZ |
12,5 |
58,4 |
12,5 |
All other companies |
12,5 |
58,4 |
12,5 |
9.
FINAL PROVISION
Article 1
Company |
Provisional anti-dumping duty rate (%) |
TARIC additional code |
BMZ- Open Joint-Stock Company ‘Byelorussian Steel Works — Management Company of “Byelorussian Metallurgical Company” Holding’ |
12,5 |
C197 |
All other companies |
12,5 |
C999 |