natgillin/translations-raw huggingface dataset:
The Commission was unable to find comprehensive post-investigation period data on stocks despite requests and own research.
Nadalje, podacima iz razdoblja nakon razdoblja ispitnog postupka pokazalo se da se to negativno kretanje, koje je započelo u drugoj polovini 2015., nastavilo u prvoj polovini 2016.
It found it nevertheless likely that inventory levels of the product concerned remain rather low in the Union during early 2016: For instance, in Germany, ‘according to the German Association of Steel Distribution (BDS), at the end of last year flat steel inventories dropped to the lowest level since December 2003.
Dostupni podaci za razdoblje od srpnja do prosinca 2016. pokazuju raznoliko stanje.
The latest data showed some improvement, but with flat steel stocks at 1,4 million tonnes in February, they remained 7 % lower year-on-year.’ [87].
Iako se smanjenje obujma uvoza iz Kine nakon srpnja 2016. može objasniti odvraćajućim učinkom zahtjeva za evidentiranje u antidampinškom postupku protiv dampinškog uvoza predmetnog proizvoda iz Kine, saznanjem o namjeri Komisije da odluči o privremenim mjerama u roku od osam mjeseci od pokretanja postupka u antidampinškom postupku protiv dampinškog uvoza predmetnog proizvoda iz Kine te, konačno, djelotvornim uvođenjem antidampinških mjera u usporednom antidampinškom predmetu koji je u tijeku početkom listopada 2016. (vidjeti uvodnu izjavu(485)), višak kapaciteta i dalje je prijetnja.
Moreover, a recent article seems to indicate that inventory levels at the beginning of 2017 have been rising, as this article provides that ‘buyers equally insistent that their stocks are high enough to avoid major purchasing’ [88].
Nadalje, kako je objašnjeno u uvodnoj izjavi (486), to smanjenje obujma uvoza vjerojatno je samo privremeno te će se takva kretanja ponoviti ne poduzmu li se konačne kompenzacijske mjere.
In the PRC, steel inventories in the warehouses of 40 major Chinese cities reportedly decreased to 8,86 tonnes late June 2016 from 9,47 tonnes late May 2016, which compares to 12,86 tonnes late June 2015.
Kada je riječ o povećanju kineskih cijena u istom posljednjem razdoblju, čak i da se, hipotetski, trošak proizvodnje industrije Unije u posljednjem razdoblju smanjio, činjenica je da je razina subvencioniranih cijena proizvoda iz NRK-a u rujnu 2016. još uvijek stvarala znatan cjenovni pritisak na industriju čelika u Uniji.
Moreover, steel inventories in the warehouses of 40 major Chinese cities reportedly decreased to 8,89 million tonnes late October 2016 from 9,41 million tonnes late September 2016.
Komisija je stoga potvrdila da je na kraju razdoblja ispitnog postupka došlo do jasno predvidljive i neminovne promjene okolnosti koja bi dovela do situacije u kojoj bi zbog subvencije nastala šteta.
Furthermore, the steel inventories of 80 major Chinese mills amounted to 13,46 million tonnes late September 2016 [90] compared to 16,07 million tonnes late September 2015.
Kako je objašnjeno u prethodnoj uvodnoj izjavi, ta promjena u okolnostima nije pobijena podacima iz razdoblja nakon RIP-a, što je, u svakom slučaju, potrebno sagledati kroz prizmu neposredne reakcije tržišta na uvođenje antidampinških pristojbi i očekivanog daljnjeg uvođenja kompenzacijskih mjera.
Nevertheless, a recent 2017 article indicates that hot rolled coil inventory levels are again rising in China as ‘China seems to be stocking its excess steel production in the absence of comparable end user demand’.
Nakon objave kineska je vlada tvrdila da ne postoji jasno predvidljiva i neizbježna promjena okolnosti.
In this respect, another very recent article states that ‘[i]t certainly doesn't seem logical that prices can continue to rally when inventories are reaching uncomfortably high levels.
Zbog razloga navedenih u prethodnim uvodnim izjavama od (543) do (547), Komisija je odbacila tu tvrdnju.
[92]’
Zaključak o prijetnji štete
In conclusion, steel inventories were decreasing both during the end of the investigation period and in 2016, but rose again at the beginning of 2017.
Iako se industrija Unije oporavljala u 2014. i prva dva tromjesečja 2015., u drugoj polovini 2015. gotovo svi pokazatelji štete počeli su se naglo pogoršavati.
Although this factor is not decisive in the analysis, it might indicate a potential decrease in prices in the course of 2017 reinforcing the threat of injury.
Dostupni podaci za razdoblje od srpnja do prosinca 2016. pokazuju raznoliko stanje.
Other elements: Profitability and order intakes in the Union by the Union industry
Dok se obujam izvoza proizvoda iz NRK-a znatno smanjio osobito tijekom razdoblja od listopada do prosinca 2017. višak kapaciteta i dalje je predstavljao prijetnju, a cijene su sve do rujna 2016. bile ispod razine troškova proizvodnje industrije Unije unatoč njihovu nedavnom rastu.
As set out in recital (457), the Union producers started slightly to recover during the year 2014 and the first two quarters of 2015 in terms of profitability.
Nadalje, (545)smanjenje obujma uvoza iz Kine nakon srpnja 2016. može se vjerojatno objasniti kao posljedica zahtjeva za evidentiranje u antidampinškom postupku protiv dampinškog uvoza predmetnog proizvoda iz Kine, saznanja o namjeri Komisije da odluči o privremenim mjerama u roku od osam mjeseci od pokretanja postupka u antidampinškom postupku protiv dampinškog uvoza predmetnog proizvoda iz Kine te, konačno, djelotvornog uvođenja antidampinških mjera u usporednom antidampinškom predmetu koji je u tijeku početkom listopada 2016.
As set out in recital (460), during the second half of 2015, the Union profitability became loss making and losses reached the unsustainable level of – 10 % in the 4th quarter of the investigation period.
Osim toga, kako je objašnjeno u uvodnoj izjavi (546), trend povećanja uvoznih cijena mogla bi prestati kada se postupno smanji nestabilnost izazvana nedavnim povećanjem cijena sirovina.
Post IP data
Komisija je na temelju te analize zaključila da je na kraju razdoblja ispitnog postupka postojala prijetnja jasno predvidljive i neminovne štete za industriju Unije.
For the post investigation period, profitability figures were collected for the complainants, which represent about 90 % of the total production of the Union industry, as mentioned under recital (403).
Ta procjena nije pobijena prethodno analiziranim kretanjima nakon razdoblja ispitnog postupka.
The investigation established a further deterioration of the profitability for the complainants up to June 2016.
UZROČNOST
Evolution of profitability and order intakes of the Complainants
Osnovne uredbe Komisija je ispitala je li prijetnja materijalne štete industriji Unije posljedica postojećeg subvencioniranog uvoza iz predmetne zemlje.
Source: Eurofer.
Komisija je u skladu s člankom 8. stavkom 6.
Description
Osnovne uredbe ispitala i postoje li drugi poznati čimbenici koji su mogli istodobno prijetiti štetom industriji Unije.
July 2015-June 2016
To su sljedeći čimbenici: gospodarska kriza i smanjenje potražnje čelika, cijena sirovina koja uzrokuje smanjenje prodajnih cijena, uvoz iz ostalih trećih zemalja, rezultati izvozne prodaje proizvođača iz Unije i tvrdnja da jedan proizvođač iz Unije sam šteti industriji Unije.
Profitability
Učinci subvencioniranog uvoza
3 to – 5 %
Prodajne cijene kineskih proizvođača izvoznika u prosjeku su se smanjile sa 600 EUR po toni u 2012. na 404 EUR po toni tijekom razdoblja ispitnog postupka (–33 %).
5 % to – 7 %
Stalnim smanjivanjem svojih jediničnih prodajnih cijena tijekom razmatranog razdoblja, kako je navedeno u uvodnoj izjavi (418), kineski proizvođači izvoznici mogli su znatno povećati svoj tržišni udio od 2012.
7 to – 9 %
(0,79 %) do razdoblja ispitnog postupka (4,32 %).
Order intakes
Konkretno, u odnosu na prethodne godine tijekom razdoblja ispitnog postupka došlo je do znatnog povećanja kineskog uvoza.
The above table shows that the order intakes had increased slightly compared to the year 2015, but that at the same time record losses had been incurred by the complainants.
Zaista, iako je industrija Unije smanjila svoje troškove u 2015. povećanjem produktivnosti, uključujući određeno smanjenje broja zaposlenih i iskorištavajući pad cijena sirovina, subvencionirani uvoz nastavio se povećavati te je industrija Unije morala još više smanjiti prodajne cijene u Uniji kako bi ograničila svoj gubitak tržišnog udjela.
As such, recorded losses amounted to – 7,8 % for the sampled Union producers for the period 1 July 2015-30 June 2016, which is another indicator of the deterioration of the Union industry.
Kao rezultat toga, premda je profitabilnost industrije Unije pokazivala blago poboljšanje smanjenjem gubitaka u 2014. i prvoj polovini 2015., to se potpuno preokrenulo od druge polovine 2015. nadalje: obujam kineskog uvoza dodatno se povećao, a kineske cijene još su se više smanjile, dok su cijene industrije Unije i profitabilnost pale još niže.
That being said, a very recent article provides that ‘most of the major European steel companies are back in profit after a revival in steel prices in 2016.
Zaista, neka druga tradicionalno važna izvozna tržišta uvela su mjere protiv kineskih proizvoda od željeza, uključujući toplovaljane plosnate proizvode od čelika.
[93]’ As a consequence, even if there would be a possible recovery for the Union producers during the most recent post-IP period, compared to 2015, such a recovery would not compensate for the dramatically increasing losses incurred during the same period.
Budući da se u svijetu sve više uvode mjere trgovinske zaštite, vjerojatno je da je tržište Unije postalo jedno od najprivlačnijih odredišta za subvencionirani uvoz predmetnog proizvoda iz Kine, na štetu industrije Unije.
Furthermore, any data that dates as of the second half of 2016 is influenced by the impending imposition of measures and the parallel anti-dumping duties, for the reasons set out in recital (482) above.
Taj zaključak potvrđuje sljedeće:
In conclusion, the Commission found a further deterioration of the profitability of the complainants during the first half of 2016.
Eurostatovi statistički podaci o uvozu koji pokazuju da je razina kineskog uvoza nakon kraja razdoblja ispitnog postupka i dalje velika, i
It also found indications that the Union steel producers are possibly recovering during the second half of 2016, but this would not compensate for the losses incurred during 2015 and the first half of 2016.
oslabljena domaća potražnja čelika u Kini.
Accordingly, the assessment that a threat of imminent injury existed at the end of 2015 has not been invalidated.
Osim toga, obrazloženje za smanjenje subvencioniranog kineskog uvoza u Uniju objašnjeno je u uvodnoj izjavi (550).
Rather the further deterioration in profitability in the entire first half of 2016 confirmed the accuracy of the Commission's assessment of this indicator.
Kao što je također navedeno u uvodnoj izjavi (545), to smanjenje obujma uvoza vjerojatno će biti samo privremeno te će se taj trend ponoviti ne poduzmu li se konačne kompenzacijske mjere.
Foreseeability and imminence of the change in circumstances
Nakon objave kineska vlada tvrdila je da nema uzročno-posljedične veze između subvencioniranog uvoza i njihova negativnog utjecaja na stanje industrije Unije zbog sljedećih razloga.
Article 8(8) of the basic Regulation provides that ‘… the change in circumstances which would create a situation in which the subsidy would cause injury must be clearly foreseen and must be imminent.’
Ti su navodi već razmatrani: U odnosu na tržišni udio Kine, Komisija upućuje na prethodnu uvodnu izjavu (479) iznad u ovom dokumentu.
All the above-mentioned factors have been analysed and verified with respect to the investigation period.
U odnosu na kineske cijene, upućuje na prethodne uvodne izjave (465), (526) i (527).
In particular, the profitability of the sampled Union producers reached the unsustainable level of – 10 % in the fourth quarter of 2015 when Chinese price pressure was felt most.
Naposljetku, u odnosu na gubitke proizvođača iz Unije, Komisija još jednom upućuje na prethodnu (465) uvodnu izjavu.
Furthermore, the post-investigation period data revealed that this negative trend, which started in the second half of 2015, was not invalidated during the first half of 2016.
Učinci drugih čimbenika
The available data for the periods July-December 2016 and January-February 2017 presented a mixed picture.
Gospodarska kriza
While the Chinese import volumes decreased after July 2016, likely as a result of the registration request in the anti-dumping proceeding against dumped imports from China on the product concerned, the knowledge of intention of the Commission to decide on provisional measures within eight months of initiation in the anti-dumping proceeding against dumped imports from China on the product concerned, and finally the effective imposition of anti-dumping measures in the parallel ongoing anti-dumping case early October 2016 (see recital (485)), the overcapacity remained threatening.
Kineska vlada tvrdila je da industrija Unije djelomično trpi štetu kao rezultat kontinuiranog učinka gospodarske recesije na industriju Unije.
Furthermore, as explained in recital (486), it is likely that this decrease in subsidised import volumes would be only temporarily, and such trend would revert if no definitive countervailing measures are imposed.
Međutim, utvrdila je i da se industrija Unije počela oporavljati tijekom 2014. i 2015.
Concerning the increase in Chinese prices during the same recent period, even if — hypothetically — the cost of production of the Union industry in the most recent period had decreased, the fact remains that the level of subsidised Chinese prices up to September 2016 had still been exerting an enormous price pressure on the Union steel industry.
Dakle, s jedne strane, iako je dužnička kriza u europodručju utjecala na industriju Unije, osobito tijekom 2012. i 2013., tržište se polako oporavilo od njezinih učinaka relativno stabilnom, čak i rastućom, potražnjom na tržištu Unije od 2013. nadalje.
Moreover, as explained in recital (523), the trend of increasing import prices might stop once the volatility of the recent raw material price increases has faded out. .It follows that the threat of injury was imminent and foreseeable after the end of the investigation period.
Kao rezultat toga, iako je od 2014. do 2015.
The Commission thus confirmed that there was a clearly foreseeable and imminent change in circumstances at the end of the investigation period, which would have created a situation in which the subsidy would have caused injury.
Unija mogla imati veće koristi od oporavka tržišta, u tome ju je spriječilo daljnje povećanje uvoza iz NRK-a.
As explained in the preceding recital, this change in circumstances was not rebutted by post-IP data, which, in any case, must be viewed through the lens of immediate market reaction to the imposition of anti-dumping duties and the likely further imposition of countervailing measures.
Jeftini uvoz iz Kine postupno se povećavao i zauzimao tržišne udjele na štetu industrije Unije.
Following disclosure, the GOC claimed that there was no clearly foreseeable and imminent change in circumstances.
Stalni pritisak uvoza počeo se u potpunosti osjećati od druge polovine 2015.
For the reasons explained in recitals (543) to (547) above, the Commission rejected this claim.
Nakon objave, kineska je vlada tvrdila da je navodna prijetnja materijalne štete industriji Unije barem dijelom posljedica učinaka gospodarske recesije koji će se osjećati u cijelom razmatranom razdoblju.
Conclusion on threat of injury
Komisija je tu tvrdnju odbacila na temelju razloga i objašnjenja iz prethodnih uvodnih izjava (558) do (560).
While the Union industry was recovering during 2014 and the first two quarters of 2015, almost all injury indicators started to fall dramatically during the second half of 2015.
Komisija je stoga zaključila da je dužnička kriza u europodručju imala negativan učinak uglavnom tijekom 2012. i 2013. u razmatranom razdoblju te prije razdoblja ispitnog postupka.
The investigation revealed that this negative trend, which started in the second half of 2015, was not invalidated during the first half of 2016.
Međutim, to nije pridonijelo prijetnji štete utvrđenoj krajem 2015.
As a result, all factors assessed in the framework of Article 8(8) of the basic Regulation, in particular the significant rate of increase of subsidised imports in 2015 at further decreasing prices, the huge excess capacity in the PRC, and the negative developments in profitability of the Union industry point to the same direction.
Uvoz iz trećih zemalja
The available data for the period July-December 2016 present a mixed picture.
Obujam uvoza i tržišni udio (u obujmu ukupnog uvoza) iz ostalih trećih zemalja tijekom razmatranog razdoblja razvijao se kako slijedi:
While the Chinese import volumes decreased significantly in particular during the periods October-February 2017, the overcapacity remained threatening and the prices remained up to September 2016 below the Union industry's cost of production despite their more recent increase.
Tablica 20.
Furthermore, as shown in recital (545), the decrease in Chinese import volumes after July 2016 can likely be explained as a result of the registration request in the anti-dumping proceeding against dumped imports from China on the product concerned, the knowledge of intention of the Commission to decide on provisional measures within eight months of initiation in the anti-dumping proceeding against dumped imports from China on the product concerned, and finally the effective imposition of anti-dumping measures in the parallel ongoing anti-dumping case early October 2016.
Obujam, jedinične cijene i tržišni udjeli trećih zemalja
In addition, as explained in recital (546), the trend of increasing import prices might stop once the volatility of the recent raw material price increases has faded out.
Obujam uvoza iz Brazila
In the view of this analysis, the Commission concluded that there was a threat of a clearly foreseeable and imminent injury to the Union industry at the end of the investigation period.
Jedinične uvozne cijene iz Brazila
This assessment was not invalidated by the post-IP developments analysed above.
Udio u ukupnom obujmu uvoza u Uniju
CAUSATION
Obujam uvoza iz Irana
In accordance with Article 8(5) of the basic Regulation, the Commission examined whether the threat of material injury to the Union industry was caused by the existing subsidised imports from the country concerned.
Jedinične uvozne cijene iz Irana
In accordance with Article 8(6) of the basic Regulation, the Commission also examined whether other known factors could at the same time have threatened to injure the Union industry.
RUSIJA
These factors are: the economic crisis and decrease in steel demand, the cost of raw materials causing the decrease of the sales prices, imports from other third countries, the export sales performance of the Union producers, and the allegation that one Union producer on its own is injuring the Union industry.
Jedinične uvozne cijene iz Rusije
Effects of the subsidised imports
SRBIJA
Sales prices of the Chinese exporting producers decreased on average from 600 EUR/tonne in 2012 to 404 EUR/tonne during the investigation period (– 33 %).
Obujam uvoza iz Srbije
By continuously lowering their unit sales price during the period considered, and as set out in recital (418), the Chinese exporting producers were able to significantly increase their market share from 2012 (0,79 %) to the investigation period (4,32 %).
Jedinične uvozne cijene iz Srbije
In particular, during the investigation period, compared to the previous years, there was a substantial increase of Chinese imports.
UKRAJINA
While the drop in steel demand and the aftermath of the Eurozone debt crisis affected negatively the performance of the Union industry in 2012 and 2013, the Union industry was able to recover slightly in 2014.
Obujam uvoza iz Ukrajine
However, in particular from the second half of 2015 onwards, the continuous increase in imports from the country concerned at undercutting prices had a clear negative impact on the performance of the Union industry.
Jedinične uvozne cijene iz Ukrajine
Indeed, while the Union industry was cutting in 2015 its costs by productivity gains, including some labour reductions and benefitting from the decrease in raw material prices, subsidised imports kept on increasing and forced the Union industry to decrease its Union sales prices even more to limit its loss of market share.
Kako je prikazano u tablici u uvodnoj izjavi (419), uvoz iz NRK-a povećao se 516 % tijekom razmatranog razdoblja.
As a result, while the Union industry's profitability showed slight improvement by reducing losses in 2014 and the first half of 2015, the trend reversed completely from the second half of 2015 onwards: the volume of Chinese imports increased further and the Chinese prices decreased even more while the Union industry prices and profitability went further down.
Iako je stopa rasta tijekom razmatranog razdoblja bila još viša za Brazil (+ 736 %) i Iran (+ 952 %), njihove razine uvoza (580525 tona iz Brazila i 1015088 tona iz Irana) bile su znatno niže od uvoza iz NRK-a u apsolutnim brojkama (1519304 tone iz NRK-a) tijekom razdoblja ispitnog postupka.
In view of the coincidence in time between, on the one hand, the ever-increasing level of subsidised imports at continuously decreasing prices and, on the other hand, the Union industry's loss of market share and price depression resulting in further losses, in particular from the second half of 2015 onwards, the Commission concluded that the subsidised imports had a negative impact on the situation of the Union industry.
Nadalje, ako se usporede apsolutne izvozne brojke, može se primijetiti je da je predmetna zemlja bila drugi najveći izvoznik na tržište Unije tijekom razdoblja ispitnog postupka, nakon Rusije.
Moreover, the progressive slowing down of the Chinese economy and the significant overcapacity of the Chinese steel industry has pushed Chinese steel producers to direct their excess production towards export markets and the Union market is an attractive export destination.
Uvoz iz Rusije [94] mogao je pridonijeti prijetnji štete, ali nije prekinuo uzročno-posljedičnu vezu iz sljedećih razloga.
Indeed, some other traditionally important export markets imposed measures against Chinese steel products, including hot-rolled flat steel products.
Prvo, stopa rasta NRK-a tijekom razmatranog razdoblja (+ 516 %) mnogo je veća od stope rasta Rusije (+ 28 %).
With the growing imposition of trade defence measures across the globe, it is likely that the Union market has become one of the most attractive destinations for Chinese subsidised imports of the product concerned, to the detriment of Union industry.
Drugo, NRK je smanjila razliku s Rusijom koja je izvozila tek neznatno više, tj.
This conclusion is corroborated by
773686 tona (izvor: Eurostat), tijekom prve polovine 2016. u odnosu na obujam od 773275 tona (izvor: Eurostat) iz NRK-a u istom razdoblju.
Eurostat import statistics which show that the level of Chinese imports continues to be significant after the end of the investigation period, in particular during the first half of 2016; and
Treće, višak kapaciteta Rusije nije toliko velik kao višak kapaciteta koji postoji NRK-u, kako je prikazano u tablici u nastavku:
weakened Chinese internal steel demand.
Tablica 21.
Moreover, the reasons for the decrease in subsidised Chinese import volumes to the Union have been explained in recital (550).
Izvor podataka o kapacitetu: OECD (OECD, DSTI/SU/SC (2015)8/Final, Uprava za znanost, tehnologiju i inovacije.
As also set out in recital (545), it is likely that this decrease in subsidised import volumes would be only temporarily, and that this trend would reverse if no definitive countervailing measures were imposed.
Razvoj kapaciteta u svjetskoj proizvodnji čelika, tablica 1., str. 10., http://www.oecd.org/officialdocuments/publicdisplaydocumentpdf/?cote=DSTI/SU/SC(2015)8/FINAL&docLanguage=En).