62021TJ0629_INF
Judgment of the General Court (Eighth Chamber, Extended Composition) of 8 May 2024 – Ereğli Demir ve Çelik Fabrikaları and Others v Commission
(Case T‑629/21) (
1
)
(Dumping – Imports of certain hot-rolled flat products of iron, non-alloy or other alloy steel originating in Türkiye – Definitive anti-dumping duties – Implementing Regulation (EU) 2021/1100 – Adjustment – Article 2(10)(j) of Regulation (EU) 2016/1036 – Conversion of currencies – Hedging gains and losses – Article 2(5) and (6) of Regulation 2016/1036 – Calculation of costs – Exchange rate gains and losses – Manifest error of assessment – Right to be heard)
1.
Common commercial policy – Protection against dumping – Injury – Discretion of the institutions – Judicial review – Limits
(Art. 263 TFEU; European Parliament and Council Regulation 2016/1036, Art. 3)
(see paragraphs 26, 43)
2.
Common commercial policy – Protection against dumping – Dumping margin – Comparison between the normal value and the export price – Adjustments – Comparison requiring a conversion of currencies – Discretion of the institutions – Limits
(European Parliament and Council Regulation 2016/1036, Art. 2(10)(j); Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade (1994 Anti-Dumping Agreement), Art. 2.4.1)
(see paragraphs 27-32, 35, 37-40, 42, 44-49)
3.
Common commercial policy – Protection against dumping – Anti-dumping proceeding – Rights of the defence – Right to be heard – Scope
(Charter of Fundamental Rights of the European Union, Art. 41; European Parliament and Council Regulation 2016/1036)
(see paragraphs 54-58)
4.
Common commercial policy – Protection against dumping – Dumping margin – Determination of the normal value – Recourse to the constructed value – Calculation of production costs on the basis of accounting registers – Currency conversion in respect of production costs – Whether permissible – No obligation to use a particular exchange rate
(Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade (1994 Anti-Dumping Agreement), Art. 2.2.1.1; European Parliament and Council Regulation 2016/1036, Art. 2(5))
(see paragraphs 63-75)
5.
Common commercial policy – Protection against dumping – Dumping margin – Determination of the normal value – Factor to which regard must primarily be had – Price charged in the ordinary course of trade – Indirect sales – Taking into account of selling, general and administrative costs relating to the stage of an indirect sale between related companies – Whether permissible – Losses and gains on transactions and conversions of foreign currencies – Included – Conditions
(European Parliament and Council Regulation 2016/1036, Art. 2(1), (4) and (6))
(see paragraphs 99-103, 118-122, 137, 141, 143-145, 148, 149, 153, 155)
6.
Common commercial policy – Protection against dumping – Course of the investigation – Obligation for the interested parties to provide the necessary information – Scope – Verification by the Commission
(European Parliament and Council Regulation 2016/1036, Arts 6(2), 16 and 18(3) and (6))
(see paragraphs 112-117, 150)
Operative part
The Court:
1.
Dismisses the action;
2.
Orders Ereğli Demir ve Çelik Fabrikaları TAŞ, İskenderun Demir ve Çelik AŞ and Erdemir Çelik Servis Merkezi Sanayi ve Ticaret AŞ to pay the costs.
(
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)	OJ C 471, 22.11.2021.