EU to start anti-dumping case into HRC from Turkey, sources say [UPDATED]

The European Commission (EC) might start an anti-dumping case into imports of hot-rolled coil originating from Turkey, market sources told Fastmarkets on Thursday May 7.

European steel association Eurofer has lodged a complaint with the EC, alleging that HRC has been exported from Turkey at dumped prices.
"In April 2020, a new [anti-dumping] investigation was opened into HRC from Turkey," ArcelorMittal said in its first-quarter results, released on May 7.
But the global steelmaking giant may have anticipated the EC's actions because there was no evidence yet that an investigation has begun.

"We do not comment on anti-dumping investigations before they reach the provisional stage," Eurofer's spokesman said. "All I can say is that we consistently monitor trade flows to...

A shift to the later stages of gold and silver bull markets

Gold stocks plunge on metal drop

Gold stocks still up after pullback late in the week

US regional bank slump goes global, driving market into gold

Gold stocks weaker but outperform slump in other sectors