皇冠体育app

• In a , the UK鈥檚 Trade Remedies Authority proposes that measures on imports of High Fatigue Performance Steel Concrete Reinforcement Bars from China be kept.
• Although the TRA鈥檚 initial findings in its indicated that keeping the measure could result in supply issues for HFP Rebar, the TRA has considered import data and economic forecasts which have become available since the publication of the SEF, and responses to the SEF received from case participants, and now proposes to change its recommendation.

皇冠体育app Trade Remedies Authority plans to recommend that existing measures that have been in place since 2016 on imports of High Fatigue Performance Steel Concrete Reinforcement Bars (HFP Rebar) from China be extended. A has been shared on the public file.

HFP Rebar, also known as reinforcement steel and reinforcing steel, is typically used in the construction industry to reinforce concrete and masonry structures to strengthen and hold the concrete in tension. 皇冠体育app predominant use of HFP Rebar is in construction, which employs an estimated 1.4 to 2.2 million employees and is worth over 拢108 billion to the UK economy.

Investigation findings

As part of its transition review into anti-dumping measures on HFP Rebar, the TRA conducted an Economic Interest Test which considered a range of factors, including the impact of maintaining or revoking the measure on UK producers and consumers. 皇冠体育app TRA鈥檚 investigation analysis indicated that falling imports from Russia and Belarus could cause significant issues to the supply chain and have a damaging effect on the UK鈥檚 construction industry. 皇冠体育apprefore the TRA concluded that extending the measure would not be in the overall economic interest of the UK.

Following publication of its interim findings, the TRA considered additional submissions from case parties and new import data. This indicated that the falling levels of imports from Russia and Belarus were being compensated for by rising imports from other countries. In addition, forecasts for the UK economy have declined since the SEF analysis was conducted so the TRA expect demand from the UK construction industry to grow less rapidly. Taking this additional data into account, the TRA now recommends extending the measure on HFP Rebar imports.

Following today鈥檚 publication, interested parties can comment via the before 14 October 2022. 皇冠体育app TRA will then produce a Final Recommendation, which will be sent to the Secretary of State for International Trade, who will make the final decision on whether to uphold the TRA鈥檚 recommendation.

Background information

Read more about how an EIT is conducted.

• 皇冠体育app Trade Remedies Authority (TRA) is the independent UK body, established in June 2021, as the first non-departmental public body of the Department for International Trade, that investigates whether trade remedy measures are needed to counter unfair import practices and unforeseen surges of imports.

• Trade remedy investigations were carried out by the EU Commission on the UK鈥檚 behalf until the UK left the EU. Forty-four EU trade remedy measures of interest to UK producers were carried across into UK law when the UK left the EU and the TRA is currently reviewing each one to assess whether it is suitable for UK needs.
• Anti-dumping duties allow a country or union to take action against goods sold at less than their normal value, which is defined as the price for 鈥榣ike goods鈥� sold in the exporter鈥檚 home market.
• 皇冠体育app European Commission imposed anti-dumping duties on imports of HFP Rebar from China in July 2016. This is the measure that the TRA is currently reviewing. 皇冠体育app Commission allowed the EU measure to expire on 29 July 2021 without review.
• Read more about the TRA鈥檚 mission in its Business Plan.