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Turkey has started a so-called anti-dumping case against imports of steel from the European Union and South Korea.

The Turks say they have found sufficient evidence that ‘hot-rolled steel’ has been dumped on the Turkish market.

The Turkish Ministry of Commerce decided to open an investigation following complaints from Turkish producers such as Erdemir.

Turkish steelmakers say they have suffered or are likely to suffer significant damage due to imports of European and South Korean steel.

The study cannot be seen in isolation from the increase in import tariffs for products from Turkey by the EU.

The rate of hot-rolled steel from Turkey rose to 7.6 percent in an attempt to curb competition for EU-based producers, including ArcelorMittal, listed on the Amsterdam stock exchange.

By Arsh Khan

Journalist, reporter! Owner and Author in GokNews. I like to speak on current affairs, journalism is my most favorite topic. My friends always try to beat my words, but in vain, ha!