Australia’s Minister for Industry, Innovation and Science accepted the Anti-Dumping Commission’s final recommendations to impose anti-dumping duties ranging from 38.1pct to 79pct on HRC imports from China, according to notices published by the Commission.
The investigation was initiated on November 15, 2024, following an application filed by BlueScope Steel, the sole Australian producer of HRC.
Under the measures, Baoshan Iron & Steel will face anti-dumping duties of 59.1pct, while its subsidiaries Zhanjiang and Meishan will be subject to duties of 38.1pct and 54.9pct, respectively. LY Steel will face duties of 41.6pct, while all other Chinese exporters will be subject to a 79pct duty.
The Anti-Dumping Commission found that HRC exports from China were dumped during the investigation period, and that dumped and subsidized imports caused material injury to the Australian domestic industry.
In addition, Australia imposed a countervailing duty (CVD) rate of 3.4pct on all other exporters. The Commission stated that subsidy margins for Baoshan, Zhanjiang, Meishan, and LY Steel ranged between 0.3pct and 1.7pct, which were considered negligible and therefore exempt from countervailing duties. However, subsidy margins for all other exporters were assessed at 3.4pct, resulting in the application of CVD measures.
The measures cover hot-rolled coil, including sheet, whether alloyed or non-alloyed, excluding plate steel products and flat merchant bars.