COMMISSION IMPLEMENTING DECISION (EU) 2016/299
of 2 March 2016
terminating the anti-dumping proceedings concerning imports of silico-manganese originating in India
1.
PROCEDURE
1.1.
Initiation
1.2.
Interested parties
1.3.
Sampling
(a) Sampling of Union producers
(b) Sampling of importers
(c) Sampling of exporting producers in India
1.4.
Individual examination
1.5.
Replies to the questionnaire
1.6.
Verification visits
1.7.
Investigation period and period considered
2.
NON-IMPOSITION OF PROVISIONAL MEASURES AND SUBSEQUENT PROCEDURE
3.
PRODUCT CONCERNED AND LIKE PRODUCT
3.1.
Product concerned
3.2.
Like product
3.3.
Claims regarding product scope
4.
DUMPING
4.1.
Normal value
4.2.
Export price
4.3.
Comparison
4.4.
Dumping margin
Company |
Dumping margin (%) |
Tata Steel |
3,4 |
Modern India |
15,2 |
Indsil |
3,4 |
Other cooperating producers (weighted average of the sample) |
10,4 |
Country-wide (residual) duty |
25,1 |
5.
INJURY
5.1.
Definition of the Union industry and Union production
5.2.
Union consumption
|
2011 |
2012 |
2013 |
Investigation period |
||
Total Union consumption |
954 347 |
896 247 |
882 969 |
853 732 |
||
Index |
100 |
94 |
93 |
89 |
||
|
5.3.
Imports from India
|
2011 |
2012 |
2013 |
Investigation period |
||
Volume of imports from India |
174 000-231 000 |
237 000-314 000 |
226 000-299 000 |
195 000-259 000 |
||
Index |
100 |
136 |
130 |
112 |
||
Market share |
18 %-24 % |
26 %-35 % |
26 %-34 % |
23 %-30 % |
||
Index |
100 |
145 |
140 |
126 |
||
|
|
2011 |
2012 |
2013 |
Investigation period |
||
India |
808-1 072 |
790-1 048 |
687-911 |
631-837 |
||
Index |
100 |
98 |
85 |
78 |
||
|
5.4.
Price undercutting
5.5.
Economic situation of the Union industry
5.5.1.
Production, production capacity and capacity utilisation
|
2011 |
2012 |
2013 |
Investigation period |
||
Production Volume |
231 000-307 000 |
280 000-372 000 |
227 000-301 000 |
213 000-282 000 |
||
Index |
100 |
121 |
98 |
92 |
||
Production capacity |
326 000-432 000 |
404 000-536 000 |
403 000-535 000 |
403 000-534 000 |
||
Index |
100 |
124 |
124 |
124 |
||
Capacity utilisation |
70 %-90 % |
60 %-80 % |
50 %-70 % |
50 %-60 % |
||
Index |
100 |
98 |
79 |
74 |
||
|
5.5.2.
Sales volume and market share
|
2011 |
2012 |
2013 |
Investigation period |
||
Sales volume on the Union market |
198 000-263 000 |
218 000-289 000 |
212 000-281 000 |
189 000-251 000 |
||
Index |
100 |
110 |
107 |
96 |
||
Market share |
21 %-28 % |
24 %-32 % |
24 %-32 % |
22 %-29 % |
||
Index |
100 |
117 |
116 |
107 |
||
|
5.5.3.
Growth
5.5.4.
Employment and productivity
|
2011 |
2012 |
2013 |
Investigation period |
||
Number of employees |
339-449 |
403-535 |
342-453 |
295-392 |
||
Index |
100 |
119 |
101 |
87 |
||
Productivity (metric tonne per employee) |
629-834 |
640-848 |
612-811 |
663-879 |
||
Index |
100 |
102 |
97 |
105 |
||
|
5.5.5.
Magnitude of the dumping margin and recovery from past dumping
5.5.6.
Prices and factors affecting prices
|
2011 |
2012 |
2013 |
Investigation period |
||
Average unit sales price in the Union (EUR/metric tonnes) |
800-1 100 |
800-1 000 |
700-900 |
600-900 |
||
Index |
100 |
96 |
86 |
80 |
||
Unit cost of production |
900-1 300 |
800-1 100 |
800-1 000 |
800-1 100 |
||
Index |
100 |
87 |
83 |
85 |
||
|
5.5.7.
Labour costs
|
2011 |
2012 |
2013 |
Investigation period |
||
Average labour costs per employee |
24 800-32 900 |
24 400-32 300 |
26 600-35 200 |
30 700-40 700 |
||
Index |
100 |
98 |
107 |
124 |
||
|
5.5.8.
Inventories
|
2011 |
2012 |
2013 |
Investigation period |
||
Closing stock (metric tonnes) |
8 000-10 700 |
13 300-17 600 |
15 900-21 100 |
10 900-14 500 |
||
Index |
100 |
165 |
198 |
136 |
||
Closing stocks as a percentage of production |
10 % |
12 % |
19 % |
13 % |
||
Index |
100 |
124 |
189 |
130 |
||
|
5.5.9.
Profitability, cash flow, investments, return on investments and ability to raise capital
|
2011 |
2012 |
2013 |
Investigation period |
||
Profitability of sales in the Union to unrelated customers (% of sales turnover) |
– 10 % - – 8 % |
– 3 % - – 1 % |
– 6 % - – 4 % |
– 8 % - – 6 % |
||
Index |
100 |
843 |
194 |
124 |
||
Cash flow (thousand EUR) |
– 2 000 - – 2 700 |
– 4 300 - – 5 800 |
– 1 700 - – 2 300 |
– 4 300 - – 5 800 |
||
Index |
100 |
46 |
115 |
45 |
||
Investments (thousand EUR) |
27 000-36 000 |
24 000-32 000 |
23 000-30 000 |
24 000-32 000 |
||
Index |
100 |
89 |
82 |
89 |
||
Return on investments |
– 33 % - – 45 % |
– 5 % - – 7 % |
– 17 % - – 23 % |
– 21 % - – 29 % |
||
Index |
100 |
664 |
198 |
157 |
||
|
5.6.
Conclusion on injury
6.
CAUSATION
6.1.
Effects of the dumped imports from India
|
2011 |
2012 |
2013 |
Investigation period |
||
Union Industry's Sales volume on the Union market |
198 000-263 000 |
218 000-289 000 |
212 000-281 000 |
189 000-251 000 |
||
Index |
100 |
110 |
107 |
96 |
||
Volume of imports from India |
174 000-231 000 |
237 000-314 000 |
226 000-299 000 |
195 000-259 000 |
||
Index |
100 |
136 |
130 |
112 |
||
Market share of Union industry |
21 %-28 % |
24 %-32 % |
24 %-32 % |
22 %-29 % |
||
Index |
100 |
117 |
116 |
107 |
||
Market share of imports from India |
18 %-24 % |
26 %-35 % |
26 %-34 % |
23 %-30 % |
||
Index |
100 |
145 |
140 |
126 |
||
Profitability of sales in the Union to unrelated customers (% of sales turnover) |
– 10 % - – 8 % |
– 3 % - – 1 % |
– 6 % - – 4 % |
– 8 % - – 6 % |
||
Index |
100 |
843 |
194 |
124 |
||
|
6.1.1.
Silico-manganese with a low content of manganese (50 % or less)
6.1.2.
Effect of the dumped imports on prices
6.2.
Conclusion on causation
7.
OTHER FACTORS
7.1.
Imports from third countries
Country |
|
2011 |
2012 |
2013 |
Investigation period |
||
Norway |
Volume |
144 000-191 000 |
188 000-250 000 |
138 000-185 000 |
147 000-195 000 |
||
Index |
100 |
131 |
96 |
102 |
|||
Market share |
15 %-20 % |
21 %-28 % |
16 %-21 % |
17 %-23 % |
|||
Index |
100 |
139 |
104 |
115 |
|||
Ukraine |
Volume |
170 000-226 000 |
102 000-135 000 |
104 000-137 000 |
111 000-147 000 |
||
Index |
100 |
60 |
61 |
65 |
|||
Market share |
18 %-24 % |
11 %-15 % |
12 %-16 % |
13 %-17 % |
|||
Index |
100 |
64 |
66 |
73 |
|||
South Africa |
Volume |
111 000-147 000 |
14 000-19 000 |
32 000-43 000 |
70 000-93 000 |
||
Index |
100 |
13 |
29 |
64 |
|||
Market share |
12 %-15 % |
2 %-2 % |
4 %-5 % |
8 %-11 % |
|||
Index |
100 |
14 |
32 |
71 |
|||
Total of all third countries except India |
Volume |
510 000-670 000 |
370 000-490 000 |
370 000-500 000 |
400 000-530 000 |
||
Index |
100 |
73 |
74 |
79 |
|||
Market share |
50 %-70 % |
40 %-50 % |
40 %-60 % |
50 %-60 % |
|||
Index |
100 |
78 |
80 |
89 |
|||
Average price |
903-1 197 |
829-1 100 |
778-1 032 |
733-971 |
|||
Index |
100 |
92 |
86 |
81 |
|||
|
7.2.
Export performance of the Union industry
|
2011 |
2012 |
2013 |
Investigation period |
||
Export volume (metric tonnes) |
2 100-2 800 |
2 900-3 800 |
3 200-4 300 |
5 200-6 800 |
||
Index |
100 |
136 |
151 |
243 |
||
Average price |
800-1 100 |
800-1 100 |
700-900 |
700-900 |
||
Index |
100 |
96 |
85 |
84 |
||
|