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19 Apr
16:37

EU levies Turkish stainless duty after circumvention case

The EU has extended its 17.3% anti-dumping duty on hot rolled stainless steel sheets and coils originating in Indonesia to also cover these products consigned from Turkey, Kallanish notes. A European Commission investigation found that a tolling agreement between Italy’s Marcegaglia and Turkey’s Çolakoğlu was set up to supply the EU market, not the Turkish market. Moreover, almost the entire exports of Çolakoğlu to the Union were made und…
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