EU stops AD investigation on Indonesian stainless steel
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Update time : 2020-11-23 19:32:51
According to the market news, the European Commission has stopped the anti-dumping investigation on imported stainless steel from Indonesia, and which was big good news for the Indonesian stainless steelmakers.
By the official statistic from the EU, the total export value of hot-rolled stainless steel products from Indonesia to the EU in 2018 was around US$99 million and claimed to around US$105 million in 2019.
However, the main reason for the EU to stop investigating this case was because the European Steel Association (EUROFER) decided to cancel the suing.
