20 June 2017

Turkey Takes Unfair U.S. Duties on Turkish Steel to WTO

Good news for Turkish steel exporters:WTO to establish a panel. The Turkish steel industry has appealed to World Trade Organization (WTO) in its legal fight against the U.S. move to impose countervailing duties on imports of steel products from Turkey. In response to a request from Turkey, the Dispute Settlement Body (DSB) of the World Trade Organization has decided to establish a panel to review U.S. countervailing duty on steel pipes from Turkey at its meeting on June 19. Highlighting their satisfaction with this decision, Namık Ekinci, Chairman of the Steel Exporters' Association, said, “We will eventually prove that we are right.”
18 May 2017

Turkish Steel Exporters' Association Says ‘'The Decision of Doc Is Scandalous And Unlawful''

The Turkish steel exporters are extremely disappointed by this scandalous and unlawful decision of the U.S. Department of Commerce. It is clear that the purpose of this investigation was not to determine dumping or subsidization, but to block imports at all costs.
07 April 2017

The U.S. Announces Preliminary Determination In Rebar Countervailing Duty And Anti-Dumping Investigations

Namık Ekinci: “We will continue to defend the reputation of Turkish steel” The U.S. Department of Commerce (DoC) announced its preliminary decision in the Turkish rebar countervailing duty and anti-dumping investigations, which were filed upon complaint of domestic mills. According to the preliminary decision of countervailing duty investigation, the Turkish producer involved in the case is now subject to a preliminary margin of 3.47 percent. Meanwhile, the preliminary decision of the anti-dumping investigation imposed varying duties on the Turkish companies involved in the case. Criticizing the decisions as unfair, biased and political, Namık Ekinci, Chairman of the Steel Exporters' Association declared that, if their defense before the DoC failed to get a fair outcome, they would take strong action and seek justice by taking their case to the Court of International Trade and the World Trade Organization.
10 March 2017

Joint Statement By Turkish Steel Exporters' Association And Turkish Steel Producers' Association

The EU Steel Industry started to implement the Emissions Trading System (ETS) in 2005. After the launch of the ETS, EUROFER has been in a search of a policy to reduce energy costs as such costs have increased significantly. Since there was no Monitoring, Reporting and Verification (MRV) system for Greenhouse Gas emissions (GHG) between 2005 and 2012, steel plants reported excessive amounts of emissions to get more allocations created a surplus of allocations on the market. Such a surplus of allocations reduced carbon prices and, as a result, the ETS could not serve its purpose.
10 February 2017

Namık Ekinci, Chairman of the Turkish Steel Exporters' Association, Comments on Trump's Trade Policies In terms Of the Effects on Steel Imports

The USA is the key playmaker for the global economic order. This role burdens the new US President Trump with a responsibility against not only his own country but also the entire world. The trade policies of Trump administration will be shaped by three individuals: Peter Navarro, Head of the White House National Trade Council; Wilbur Ross, Nominee for United States Secretary of Commerce; and Robert Lighthizer, Nominee for United States Trade Representative. Lighthizer is a partner at a Washington-based law firm and has represented the U.S. Steel in trade cases for a long time. Ross, on the other hand, was involved in the restructuring of several bankrupt steel companies.
03 January 2017

The US Protective Walls Rising Higher

Chairman of the Turkish Steel Exporters' Association Comments on the Issue: In recent years, the US has taken a myriad of protective steps towards preventing the import of steel products. The World Trade Organization data shows that the US issued a total of 43 decisions to impose anti-dumping and countervailing duties from the beginning of 2013 until the end of 2015. In the first half of 2016, the US conducted 41 anti-dumping and 20 countervailing duty cases. Although we previously took every opportunity on various platforms to explain the severity of the situation for Turkey, the need to raise the issue once again has emerged.