Polish steel mills accused of dumping practices, EC to take action
The European Commission (EC) under pressure from the European Union (EU)
association of steel producers, Eurofer, started anti-dumping proceedings
against Polish steel exporters. Polish diplomats are indignant at the EC's
decision because it hits plans to restructure steel mills. Poland has
already limited steel production to comply with EC rules so that the state
can grant aid to steel mills, but now new barriers to exports to EU co
untries would make the restructuring process even harder. Eurofer complained
that Polish producers were exporting their products at 12% lower prices than
they sold them on the domestic market which reduced EU countries' turnover
on the steel market by 9.9%. Stalprojekt, a Polish steel producer, said that
exported steel is of lower quality, hence the lower price. Poland has 15
days to decide to cooperate with the EC. If it refuses protection duties
will be automatically introduced. (Rzeczpospolita, pp. A1, B1) A.D.