Turkey Imposes Anti-Dumping Duties on China, Russia, India, Japan Steel Imports

Turkey announced on Oct. 11 it would impose anti-dumping duties on some steel imports from China, Russia, India, and Japan, with the highest tax rate on imports from China. The duties range from 6.1 percent to 43.31 percent of cost, insurance, and freight prices, according to the announcement by the Turkey’s Official Gazette. The duties aim to prevent unfair competition from foreign countries after domestic producers filed complaints. An investigation into hot rolled steel imports showed that dumping of steel products from China, Russia, India, and Japan pose a threat to Turkey’s domestic production, according to the announcement. The duties on steel imports from China range from 15 percent to 43 percent, while the tariffs on imports from Russia, India, and Japan range from 6 percent to 9 percent....