natgillin/translations-raw huggingface dataset:
Employment of the Union industry remained at the same level during the period considered.
Makroekonomski su pokazatelji sljedeći: proizvodnja, proizvodni kapacitet, iskorištenost kapaciteta, obujam prodaje, tržišni udio, rast, zaposlenost, produktivnost, visina subvencija protiv kojih se mogu uvesti kompenzacijske mjere i oporavak od prethodnog subvencioniranja.
Due to the increase in production of 14 % over the period considered, the productivity also increased by 14 % over the same period.
Mikroekonomski su pokazatelji sljedeći: prosječne jedinične cijene, jedinični trošak, troškovi rada, zalihe, profitabilnost, novčani tok, ulaganja, povrat ulaganja i sposobnost prikupljanja kapitala.
A year-by-year analysis shows an initial decrease of 6 % between 2012 and 2013 and subsequent increases of 16 percentage points in 2014 and further 4 in 2015 to keep the same level in the review investigation period.
Makroekonomski pokazatelji
Magnitude of the subsidy margin and recovery from past subsidisation
Proizvodnja, proizvodni kapacitet i iskorištenost kapaciteta
The Commission established that imports of SSB from India continued to enter the Union market at subsidised prices.
Ukupna proizvodnja industrije Unije, proizvodni kapacitet i iskorištenost kapaciteta tijekom razmatranog razdoblja razvijali su se kako slijedi:
The subsidy margin established for India during the review investigation period was well above the de minimis level as described in recital 100 above.
Tablica 6.
This coincided with a decrease in Indian import prices by 14 % over the period considered.
Proizvodnja, proizvodni kapacitet i iskorištenost kapaciteta proizvođača iz Unije
In result the Union industry was not able to fully benefit from the countervailing measures in force as their market share decreased by 4 % and their profitability decreased by almost 5 percentage points.
Obujam proizvodnje (u metričkim tonama)
Microeconomic indicators
Proizvodni kapacitet (u metričkim tonama)
Prices and factors affecting prices
Iskorištenost kapaciteta (%)
The average sales prices of the sampled Union producers to unrelated customers in the Union developed over the period considered as follows:
Obujam proizvodnje industrije Unije u razmatranom se razdoblju povećao za 14 %.
Table 9
Analizom na godišnjoj razini utvrđeno je da se najprije smanjio za 6 % 2013., a zatim se postupno povećao za 16 postotnih bodova 2014. i za dodatna četiri postotna boda 2015., da bi tijekom razdoblja ispitnog postupka revizije ostao na istoj razini.
Average sales prices in the Union and unit cost
Proizvodni kapacitet industrije Unije povećao se za 4 % tijekom razmatranog razdoblja.
Source: Questionnaire replies.
Kao posljedica povećanja obujma proizvodnje iskorištenost kapaciteta industrije Unije povećala se za 10 % tijekom razmatranog razdoblja.
Average unit selling price in the Union (EUR/MT)
Obujam prodaje i tržišni udio
Unit cost of production (EUR/MT)
Obujam prodaje industrije Unije u Uniji i tržišni udio tijekom razmatranog razdoblja razvijali su se kako slijedi:
The Union industry's average unit sales price to unrelated customers in the Union decreased steadily by 22 % over the period considered to reach 2482 EUR/tonne in the review investigation period.
Tablica 7.
The Union industry had to adjust its prices downwards in order to reflect the general decrease of selling prices in the SSB market.
Obujam prodaje i tržišni udio proizvođača iz Unije
The average cost of production of the Union industry decreased to a lesser extent, by 18 % over the period considered.
Obujam prodaje u Uniji (u metričkim tonama)
The major factor having influenced the decrease in the unit cost of production was the decrease in the raw material prices, but also the increasing productivity.
Obujam prodaje industrije Unije na tržištu Unije povećao se tijekom razmatranog razdoblja za oko 13 %, odnosno za više od 28000 tona, što je manje od rasta tržišta od 16 %, kako je navedeno u tablici 2.
Labour costs
Analizom na godišnjoj razini utvrđeno je početno smanjenje od 4 % između 2012. i 2013. te kasnije povećanje od 12 postotnih bodova 2014., 3 postotna boda 2015. i daljnja 2 postotna boda tijekom razdoblja ispitnog postupka revizije.
The average labour costs of the sampled Union producers developed over the period considered as follows:
Tržišni udio industrije Unije smanjio se za 3 % tijekom razmatranog razdoblja, sa 82 % 2012. i 2013. na 79 % tijekom razdoblja između 2014. i razdoblja ispitnog postupka revizije.
Average labour costs per employee
Potrošnja u Uniji povećala se tijekom razmatranog razdoblja za 16 %, odnosno za više od 44000 tona.
Average labour costs per employee (EUR/employee)
Obujam prodaje industrije Unije povećao se za 13 %, odnosno za više od 23000 tona, što se, međutim, pretvorilo u smanjenje tržišnog udjela industrije Unije za 4 postotna boda.
The average labour costs per employee the Union industry increased over the period considered by a marginal 3 %.
Zaposlenost i produktivnost
Stocks
Zaposlenost i produktivnost industrije Unije tijekom razmatranog razdoblja razvijale su se kako slijedi:
Stock levels of the sampled Union producers developed over the period considered as follows:
Tablica 8.
Table 11
Zaposlenost i produktivnost proizvođača iz Unije
Closing stock (MT)
Broj zaposlenika
Closing stock as a percentage of production (%)
Produktivnost (u metričkim tonama po zaposleniku)
The level of closing stocks of the Union industry decreased by 16 % during the period considered.
Zaposlenost u industriji Unije ostala je na istoj razini tijekom razmatranog razdoblja.
In the review investigation period, the level of stocks represented around 5 % of their production.
Zbog povećanja proizvodnje od 14 % tijekom razmatranog razdoblja i produktivnost se povećala za 14 % tijekom istog razdoblja.
Profitability, cash flow, investments, return on investments and ability to raise capital
Analizom na godišnjoj razini utvrđeno je početno smanjenje od 6 % između 2012. i 2013. te kasnije povećanje od 16 postotnih bodova 2014. i dodatna 4 postotna boda 2015., da bi se u razdoblju ispitnog postupka revizije zadržala ista razina.
The Commission established the profitability of the Union industry by expressing the pre-tax net profit of the sales of the like product to unrelated customers in the Union as a percentage of the turnover of those sales.
Visina iznosa subvencijske marže i oporavak od prošlog subvencioniranja
Profitability, cash flow, investments and return on investments of the sampled Union producers developed over the period considered as follows:
Komisija je u ispitnom postupku utvrdila da šipke od nehrđajućeg čelika iz Indije i dalje ulaze na tržište Unije po subvencioniranim cijenama.
Table 12
Subvencijska marža utvrđena za Indiju tijekom razdoblja ispitnog postupka revizije bila je znatno iznad razine de minimis opisane u prethodnoj uvodnoj izjavi (100).
Profitability, cash flow, investments and return on investments
To se odvijalo istodobno sa smanjenjem cijena uvoza iz Indije za 14 % tijekom razmatranog razdoblja.
Profitability of EU sales to unrelated customers (% of sales turnover)
Kao rezultat toga industrija Unije nije mogla u potpunosti ostvariti koristi iz kompenzacijskih mjera na snazi jer se njezin tržišni udio smanjio za 4 %, a njezina se profitabilnost smanjila za gotovo 5 postotnih bodova.
Cash flow (million EUR)
Mikroekonomski pokazatelji
Investments (million EUR)
Cijene i čimbenici koji utječu na cijene
Return on investments (%)
Prosječne prodajne cijene proizvođača iz Unije u uzorku prema nepovezanim kupcima u Uniji tijekom razmatranog razdoblja razvijale su se kako slijedi:
The profitability of the Union industry decreased gradually from 8,1 % in 2012 to 3,3 % in the review investigation period, what translates into a decrease of 59 %.
Tablica 9.
A year-by-year analysis shows an initial dramatic decrease of 53 % between 2012 and 2013 and subsequent increases of 32 percentage points in 2014, further slight decrease of 3 percentage points in 2015 and further dramatic decrease by 35 percentage points in the review investigation period.
Prosječne prodajne cijene u Uniji i jedinični trošak
The net cash flow is the Union industry's ability to self-finance its activities.
Izvor: Odgovori na upitnik.
The net cash flow decreased by 42 % during the period considered.
Prosječna jedinična prodajna cijena u Uniji (EUR po metričkoj toni)
A year-by-year analysis shows an erratic evolution of this indicator.
Jedinični trošak proizvodnje (EUR po metričkoj toni)
An initial dramatic decrease of 66 % between 2012 and 2013 and subsequent increases of 60 percentage points in 2014, further slight increase of 6 percentage points in 2015 followed by dramatic decrease by 42 percentage points in the review investigation period.
Prosječna jedinična prodajna cijena industrije Unije nepovezanim kupcima u Uniji postojano se smanjivala te se smanjila za ukupno 22 % tijekom razmatranog razdoblja i dosegnula vrijednost od 2482 EUR po toni u razdoblju ispitnog postupka revizije.
The substantial decrease in cash flow of the Union industry is mainly explained by the significant decrease in profitability, as described in recital 169 above.
Industrija Unije morala je smanjiti svoje cijene kako bi se odrazilo opće smanjenje prodajnih cijena na tržištu šipki od nehrđajućeg čelika.
During the period considered the annual investments in the like product made by the Union industry decreased by 9 %, that is from 7,7 million EUR in 2012 to 7,0 million EUR in the review investigation period.
Tijekom razmatranog razdoblja prosječni trošak proizvodnje industrije Unije smanjio se u manjoj mjeri, odnosno za 18 %.
The return on investments is the profit as a percentage of the net book value of investments.
Glavni čimbenik koji je utjecao na smanjenje jediničnog troška proizvodnje bilo je smanjenje cijene sirovine, ali i povećana produktivnost.
The Union's industry's return on investment from the production and sale of the like product decreased over the period considered by 47 %.
Troškovi rada
Conclusion on the situation of the Union industry
Prosječni troškovi rada proizvođača iz Unije u uzorku tijekom razmatranog razdoblja razvijali su se kako slijedi:
The investigation showed that despite the measures in force most of the injury indicators developed negatively and the economic and financial situation of the Union industry deteriorated during the period considered.
Tablica 10.
The Union industry lost its market share by 4 % and achieved continuously lower profits, decreasing cash flow, investments and return on investments.
Prosječni troškovi rada po zaposleniku
These negative developments happened in parallel to the significant increase in the Union consumption by 16 % during the period considered.
Prosječni troškovi rada po zaposleniku (EUR po zaposleniku)
At the same time, the imports from India were increasing constantly their volume and share of the Union market.
Prosječni troškovi rada po zaposleniku u industriji Unije povećali su se tijekom razmatranog razdoblja za neznatnih 3 %.
These subsidised imports from India undercut the Union industry's prices by 12 % in the review investigation period, exerting price pressure.
Zalihe
In fact the price pressure during the review investigation period was higher than in the original investigation when undercutting was less than 2 %.
Razine zaliha proizvođača iz Unije u uzorku tijekom razmatranog razdoblja razvijale su se kako slijedi:
The Union industry was therefore forced to decrease its sales prices in an attempt to limit the loss of market share.
Tablica 11.
As a consequence, its profit, although still positive (3,3 %) in the review investigation period, was below the 9,5 % target profit established in the original investigation.
Završne zalihe (u metričkim tonama)
At the same time, as indicated in recital 133 above, the imports of SSB from countries other than India were priced higher than the imports from India and lost market share of 2 % during the period considered.
Završne zalihe kao postotak proizvodnje (%)
The Commission therefore concluded that the Union industry continued to be injured during the period considered and during the review investigation period.
Razina završnih zaliha industrije Unije smanjila se za 16 % tijekom razmatranog razdoblja.
Likelihood of continuation of injury
Tijekom razdoblja ispitnog postupka revizije razina zaliha činila je približno 5 % njezine proizvodnje.
To establish the likelihood of continuation of injury if the measures against India were repealed the Commission analysed the production capacity and the spare capacity in India, exports from India to other countries and the attractiveness of the Union market.
Profitabilnost, novčani tok, ulaganja, povrat ulaganja i sposobnost prikupljanja kapitala
As explained in recital 105 above, Indian spare capacity is conservatively estimated to be above 156000 tonnes in the review investigation period, which already represented 50 % of the Union consumption during the same period.
Komisija je utvrdila profitabilnost industrije Unije iskazivanjem neto dobiti prije oporezivanja od prodaje istovjetnog proizvoda nepovezanim kupcima u Uniji kao postotka prometa od te prodaje.
The Commission also noted that following the reduction of the duty rate of Viraj to 0 % in 2013, as a result of the review referred to in recital 3 above, this producer significantly increased its presence on the Union market.
Profitabilnost, novčani tok, ulaganja i povrat ulaganja proizvođača iz Unije u uzorku tijekom razmatranog razdoblja razvijali su se kako slijedi:
Indeed between 2013 and the review investigation period Viraj acquired a majority share in the Indian imports to the Union.
Tablica 12.
Imports of Viraj almost tripled during this period, increasing their share by more than 60 %.
Profitabilnost, novčani tok, ulaganja i povrat ulaganja
Over the same period the volume of Indian imports increased by 64 % and their share of the Union market increased by 40 %.
Profitabilnost prodaje EU-a nepovezanim kupcima (% prodajnog prometa)
The vast majority of this increase was caused by the significantly increasing imports of Viraj.
Novčani tok (milijuni EUR)
This indicates the increased attractiveness of the Union market to the Indian producers.
Ulaganja (milijuni EUR)
During the same period the Union industry lost 3 percentage points of market share and almost 5 percentage points of profitability, leading to a deterioration of its situation.
Povrat ulaganja (%)
The price level of Indian exports to other countries was comparable to the one of their exports to the Union.
Profitabilnost industrije Unije postupno se smanjivala sa 8,1 % 2012. na 3,3 % u razdoblju ispitnog postupka revizije, što odgovara smanjenju od 59 %.
As a consequence of the attractiveness of the Union market described in recitals 105, 182 and 183 above, should the measures be repealed, at least part of the spare capacity will, in all likelihood, be directed to the Union market.
Analizom na godišnjoj razini utvrđeno je početno znatno smanjenje od 53 % između 2012. i 2013. te kasnije povećanje za 32 postotna boda 2014., zatim blago smanjenje za 3 postotna boda 2015. i daljnje znatno smanjenje za 35 postotnih bodova tijekom razdoblja ispitnog postupka revizije.
Also, as described in recital 107 above, Indian producers are highly export oriented.
Neto novčani tok sposobnost je industrije Unije da samostalno financira svoje djelatnosti.
The Indian imports undercut the Union sales prices by 12 %.
Neto novčani tok smanjio se za 42 % tijekom razmatranog razdoblja.
This is an indication of what could be the likely price level of imports from India should the measures be repealed.
Analizom na godišnjoj razini utvrđen je neravnomjeran razvoj tog pokazatelja.
On this basis, it is likely that the price pressure on the Union market will significantly increase should the measure be repealed, thus further worsening the economic situation of the Union industry.
Utvrđeno je početno znatno smanjenje od 66 % između 2012. i 2013. te kasnije povećanje za 60 postotnih bodova 2014., zatim blago povećanje za 6 postotnih bodova 2015., nakon čega je uslijedilo znatno smanjenje za 42 postotna boda tijekom razdoblja ispitnog postupka revizije.
On this basis, in the absence of measures, Indian exporting producers will likely increase their presence in the Union market, in terms of both volume and market shares, and at subsidised prices which would significantly undercut the Union industry's sales prices.
Znatno smanjenje novčanog toka industrije Unije uglavnom se objašnjava znatnim smanjenjem profitabilnosti, kako je opisano u prethodnoj uvodnoj izjavi (169).
This would create an increased price pressure on the Union market with a negative impact on the Union industry's profitability and financial situation, further deteriorating the economic situation of the Union industry.
Tijekom razmatranog razdoblja godišnja ulaganja industrije Unije u istovjetni proizvod smanjila su se za 9 %, odnosno sa 7,7 milijuna EUR 2012. na 7,0 milijuna EUR tijekom razdoblja ispitnog postupka revizije.
The Commission therefore concluded that that there is a strong likelihood of continuation of injury should the measures be repealed.
Povrat ulaganja jest dobit izražena kao postotak neto knjigovodstvene vrijednosti ulaganja.
UNION INTEREST
Povrat ulaganja industrije Unije od proizvodnje i prodaje istovjetnog proizvoda tijekom razmatranog razdoblja smanjio se za 47 %.
In accordance with Article 31 of the basic Regulation, the Commission examined whether maintaining the existing countervailing measures against India would be against the interest of the Union as a whole.
Zaključak o stanju industrije Unije
The Commission based the determination of the Union interest on an appreciation of all the various interests involved, including those of the Union industry, importers and users.
U ispitnom postupku utvrđeno je da se unatoč mjerama na snazi tijekom razmatranog razdoblja većina pokazatelja štete razvijala negativno te da se gospodarsko i financijsko stanje industrije Unije pogoršalo.
All interested parties were given the opportunity to make their views known pursuant to Article 31(2) of the basic Regulation.
Tržišni udio industrije Unije smanjio se za 4 % te su zabilježeni stalno smanjenje dobiti te smanjenje novčanog toka, ulaganja i povrata ulaganja.
On this basis, the Commission examined whether, despite the conclusions on the likelihood of a continuation of subsidisation and continuation of injury, compelling reasons existed which would lead to the conclusion that it was not in the Union interest to maintain the existing measures.
Ta negativna kretanja odvijala su se istodobno sa znatnim povećanjem potrošnje u Uniji od 16 % tijekom razmatranog razdoblja.
Interest of the Union industry
Istodobno se stalno povećavao obujam uvoza iz Indije i njegov udio u tržištu Unije.
As explained in recital 153 above, the measures did not prevent the Union industry from losing 4 % of market share during the period considered.
Zbog tog subvencioniranog uvoza iz Indije cijene industrije Unije smanjile su se za 12 % u razdoblju ispitnog postupka revizije, što je prouzročilo pritisak na cijene.
At the same time, the Commission also concluded in recital 188 above that the Union industry would be likely to experience a deterioration of its situation in case the countervailing measures against India were allowed to lapse.
Činjenica je da je pritisak na cijene tijekom razdoblja ispitnog postupka revizije bio veći nego u početnom ispitnom postupku, kad je sniženje cijena iznosilo 2 %.
Therefore, the Commission concluded that the continuation of the measures against India would benefit the Union industry.
Stoga je industrija Unije bila prisiljena smanjiti svoje prodajne cijene kako bi ograničila gubitak tržišnog udjela.
Interest of importers
Zbog toga je njezina dobit, iako još uvijek pozitivna (3,3 %) u razdoblju ispitnog postupka revizije, bila manja od ciljane dobiti od 9,5 % utvrđene u početnom ispitnom postupku.
The Commission sent questionnaires to the two cooperating importers.
Kako je navedeno u prethodnoj uvodnoj izjavi (133), uvoz šipki od nehrđajućeg čelika iz zemalja koje nisu Indija istodobno je bio skuplji od uvoza iz Indije i njegov se tržišni udio smanjio za 2 % tijekom razmatranog razdoblja.
As referred to in recital 23 above none of them either replied or otherwise cooperated in this investigation.
Komisija je stoga zaključila da se industriji Unije i dalje nanosila šteta tijekom razmatranog razdoblja i tijekom razdoblja ispitnog postupka revizije.
No other importers made themselves known.
Vjerojatnost nastavka štete
Therefore the Commission concluded that there are no indications that the maintenance of the measures would have a negative impact on the importers outweighing the positive impact of the measures.
Kako bi utvrdila vjerojatnost nastavka štete u slučaju stavljanja mjera protiv Indije izvan snage, Komisija je analizirala proizvodni kapacitet i rezervni kapacitet u Indiji, izvoz iz Indije u ostale zemlje i privlačnost tržišta Unije.
Interest of users
Kako je objašnjeno u prethodnoj uvodnoj izjavi (105), rezervni kapacitet u Indiji konzervativno se procjenjuje na više od 156000 tona tijekom razdoblja ispitnog postupka revizije, što je već činilo 50 % potrošnje u Uniji tijekom istog razdoblja.
As referred to in recital 20 above no users in the Union came forward after the initiation or otherwise cooperated in this investigation.
Komisija je napomenula i da je nakon smanjenja stope pristojbe trgovačkog društva Viraj na 0 % 2013. kao rezultat revizije iz prethodne uvodne izjave (3) taj proizvođač znatno povećao svoju prisutnost na tržištu Unije.
SSB are used in a wide variety of applications including the automotive industry, domestic appliances, medical and laboratory instruments, etc.
Između 2013. i razdoblja ispitnog postupka revizije Viraj je zaista stekao većinski udio u uvozu iz Indije u Uniju.
Yet, as the Commission found in the original investigation, the users are only intermediate players that produce and supply the elements for the aforementioned applications.
Uvoz trgovačkog društva Viraj gotovo se utrostručio u tom razdoblju te se njegov udio povećao za više od 60 %.
As such these users are in a position to pass on all or almost all of the increase in prices resulting from the countervailing duty to the final users, bearing in mind that for the latter, the impact of such measures is negligible.
Tijekom istog razdoblja obujam uvoza iz Indije povećao se za 64 %, a njegov udio u tržištu Unije povećao se za 40 %.
These findings were confirmed in the current review as the investigation did not reveal any indication that would infirm this original finding for the period after the imposition of the measures in force.
Velika većina tog povećanja prouzročena je znatnim povećanjem uvoza trgovačkog društva Viraj.
In addition, despite that the measures are in force since 2011, the users in the Union continued to source their supply, inter alia, from India.
To upućuje na povećanu privlačnost tržišta Unije za proizvođače iz Indije.
The users did not submit any information showing that there have been difficulties in finding other sources of supply and the investigation did also not reveal such information.
Tijekom istog razdoblja tržišni udio industrije Unije smanjio se za 3 postotna boda, a profitabilnost se smanjila za gotovo 5 postotnih bodova, što je dovelo do pogoršanja njezina stanja.
On this basis, and in line with the conclusions drawn in the original investigation, the Commission concluded that the continuation of measures will not have a significant negative impact on users.
Razina cijena izvoza iz Indije u druge zemlje bila je usporediva s razinom cijena izvoza u Uniju.
Conclusion on Union interest
S obzirom na privlačnost tržišta Unije opisanu u prethodnim uvodnim izjavama (105), (182) i (183) barem dio rezervnog kapaciteta vrlo će se vjerojatno preusmjeriti na tržište Unije u slučaju stavljanja mjera izvan snage.
In view of the above, the Commission concluded that there are no compelling reasons to conclude that it is not in the Union interest to extend the existing countervailing measures on imports of SSB originating in India.
Isto tako, kako je opisano u prethodnoj uvodnoj izjavi (107), indijski proizvođači u velikoj su mjeri usmjereni na izvoz.