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...

Mixed outlook for gold as it remains range bound for past three months

Gold stocks down on flat metal price

Gold stocks down on metal decline

Huge quantifiable rise in geopolitical, economic and trade risks

Platinum clearly ahead of palladium for first time in seven years