natgillin/translations-raw huggingface dataset:
This might be explained in the framework of the price decreases in 2015 and in 2016, as follows: if a producer or trader expects that prices would rise, it should be building up stocks rapidly expecting to make proportionally more profits when prices rise.
To je potrjeno tudi v tabeli spodaj, v kateri so navedeni podatki o dobičkonosnosti pritožnikov.
The Commission was unable to find comprehensive post-investigation period data on stocks despite requests and own researches.
Preiskava je pokazala, da je dobičkonosnost pritožnikov še poslabšala.
It found it nevertheless likely that inventory levels of the product concerned remains 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.
Tabela 17
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 [27]’.
Razvoj dobičkonosnosti in količino naročil pritožnikov
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.
Vir: Eurofer.
In conclusion, steel inventories are decreasing both during the end of the investigation period and in the post-investigation period.
April 2015 – marec 2016
Although this factor is not decisive in the analysis, it might indicate a potential further decrease in prices reinforcing the threat of injury.
Dobičkonosnost
Other elements: Profitability and order intakes in the Union by the Union industry
od – 3 do – 5 %
The Union industry needs sustainable profits.
od – 5 % do – 7 %
Therefore, this injury indicator is very important.
Količina naročil
Order intakes are confirmed commitments from customers and show the evolution of the Union industry's sales in the coming months.
Predvidljivost in neizbežnost spremembe okoliščin
The Commission was able to collect and analyse data on profit and order intakes for the investigation and post investigation period.
Člen 3(9) osnovne uredbe določa: „sprememba okoliščin, ki bi ustvarila razmere, v katerih bi damping povzročil škodo, mora biti jasno predvidena in neposredno grozeča.“
As set out in recital (113), the Union producers slightly started to recover during 2014 and the first two quarters of 2015 in terms of profitability.
Vsi zgoraj navedeni dejavniki so bili analizirani in preverjeni za obdobje preiskave.
As set out in recital (116), 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.
Natančneje, dobičkonosnost vzorčenih proizvajalcev Unije je dosegla nevzdržno raven, ki je znašala – 10 % v četrtem četrtletju leta 2015, ko je bilo najbolj čutiti kitajski pritisk na cene.
For the post investigation period, profitability figures for the whole Union industry were not yet available.
Na podlagi podatkov za obdobje preiskave je Komisija zaključila, da ob koncu obdobja preiskave obstajajo jasno predvidljive in neizbežne spremembe okoliščin, ki bodo ustvarile razmere, v katerih bo damping povzročil škodo.
Profitability figures were collected for the complainants though, which represent about 90 % of the total production of the Union industry, as mentioned under recital (62).
Sklep o grožnji škode
These data will be updated after the publication of this Regulation and where possible, also other factors will be analysed.
Čeprav je industrija Unije leta 2014 in v prvih dveh četrtletjih leta 2015 okrevala, so začeli v drugi polovici 2015 skoraj vsi kazalniki škode strmo padati.
As was shown in the table in recital (145), Chinese export prices further decreased during the first half of 2016 and were below the cost of production of the Union producers.
Zato vsi dejavniki, ocenjeni v okviru člena 3(9) osnovne uredbe, zlasti znatno povečana stopnja dumpinškega uvoza v letu 2015 (ki se je nadaljevala tudi v letu 2016) in nadaljnje zniževanje cen, velike presežne zmogljivosti v LRK in negativna gibanja dobičkonosnosti industrije Unije, kažejo v isto smer.
This shows an aggressive Chinese price setting on the Union market, which cannot be sustained in the future by the Union producers.
Glede na to analizo je Komisija na tej stopnji sklenila, da obstaja grožnja jasno predvidljive in neizogibne škode industriji Unije ob koncu obdobja preiskave.
This is confirmed by the table below which provides information on the profitability of the complainants.
VZROČNA ZVEZA
Table 17
V skladu s členom 3(7) osnovne uredbe je proučila še, ali bi lahko industrijo Unije hkrati ogrožali tudi drugi znani dejavniki.
Evolution of profitability and order intakes of the Complainants
Komisija je zagotovila, da morebitna grožnja škode, ki so jo povzročili drugi dejavniki, in ne dampinški uvoz iz LRK, ni posledica dampinškega uvoza.
Source: Eurofer
Ti dejavniki so gospodarska kriza in manjše povpraševanje po jeklu, cene surovin, ki povzročajo znižanje prodajne cene, uvoz iz drugih tretjih držav, uspešnost izvoza proizvajalcev Unije in trditev, da je eden od proizvajalcev Unije sam povzroča škodo industriji Unije.
Description
Učinki dampinškega uvoza
April 2015- March 2016
Prodajne cene kitajskih proizvajalcev izvoznikov so se povprečno znižale s 600 EUR/tono leta 2012 na 404 EUR/tono v obdobju preiskave (– 33 %).
Profitability
S stalnim nižanjem svojih prodajnih cen na enoto v obravnavanem obdobju, kot je navedeno v uvodni izjavi (76), so kitajski proizvajalci izvozniki uspeli znatno povečati tržni delež od leta 2012 (0,79 %) do obdobja preiskave (4,32 %).
3 to – 5 %
Zlasti med obdobjem preiskave se je kitajski uvoz v primerjavi s prejšnjimi leti znatno povečal.
5 % to – 7 %
Medtem ko je industrija Unije leta 2015 zmanjšala svoje stroške tako, da je povečevala produktivnost, vključno z nekaterimi zmanjševanji delovne sile, in izkoristila znižanje cen surovin, se je dampinški uvoz še naprej povečeval in prisilil industrijo Unije, da je še bolj znižala svoje prodajne cene, da bi omejila izgubo tržnega deleža.
Order intakes
Čeprav se je dobičkonosnost industrije Unije leta 2014 in v prvi polovici leta 2015 nekoliko izboljšala zaradi zmanjševanja izgub, se je ta trend preobrnil od druge polovice 2015 naprej: obseg kitajskega uvoza se je še bolj povečal in kitajske cene so se že bolj znižale, cene in dobičkonosnost industrije Unije pa so še bolj padli.
Foreseeability and imminence of the change in circumstances
Glede na časovno sovpadanje med, na eni strani, vse večjo stopnjo dampinškega uvoza po vedno nižjih cenah, in po drugi strani, izgubo tržnega deleža industrije Unije ter padca cen, ki je povzročil nadaljnje izgube zlasti od druge polovice leta 2015 naprej, je Komisija zaključila, da je dampinški uvoz negativno vplival na položaj industrije Unije.
Article 3(9) of the basic Regulation provides that ‘… the change in circumstances which would create a situation in which the dumping would cause injury must have been clearly foreseen and must be imminent.’
Poleg tega sta postopna upočasnitev kitajskega gospodarstva in zelo velika presežna zmogljivost kitajske jeklarske industrije prisilili kitajske proizvajalce jekla, da so svojo presežno proizvodnjo usmerili na izvozne trge, trg Unije pa je privlačno namembno izvozno območje.
All the above-mentioned factors have been analysed and verified with respect to the investigation period.
Nekateri drugi tradicionalno pomembni izvozni trgi so uvedli ukrepe proti kitajskim izdelkom iz jekla, vključno z vroče valjanimi ploščatimi izdelki iz jekla.
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.
Ta sklep potrjujejo:
If this trend continues, the fragile situation of the Union industry will be turned into a material injury shortly.
statistični podatki Eurostata o uvozu, ki kažejo, da je raven kitajskega uvoza po koncu obdobja preiskave še vedno precejšnja;
Based on the data for the investigation period, the Commission thus concluded that there was a clearly foreseeable and imminent change in circumstances at the end of the investigation period, which will create a situation in which the dumping will cause injury.
oslabljeno kitajsko notranje povpraševanje po jeklu.
Conclusion on threat of injury
Učinki drugih dejavnikov
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.
Gospodarska kriza
The investigation revealed that this negative trend, which started in the second half of 2015, was not invalidated during the first half of 2016.
Ugotovila pa je tudi, da je industrija Unije v letih 2014 in 2015 začela okrevati.
The Union industry's forecast concerning future profitability and future sales is negative and could be confirmed (see table 17 under recital (155)).
Zato je po eni strani, čeprav je industrijo Unije prizadela dolžniška kriza euroobmočja, in sicer v obdobju 2012–2013, trg nekoliko okreval od njihovih učinkov, saj je bilo povpraševanje na trdu Unije od leta 2013 naprej sorazmerno stabilno in se je celo povečevalo.
Decreasing sales and lower/negative margins are most likely to lead to heavy losses, lost orders and reduced jobs.
Če bi torej od leta 2014 do 2015 industrija Unije lahko bolje izkoristila okrevanje trga, pa ji je to preprečilo strmo povečanje uvoza iz LRK.
As a result, all factors assessed in the framework of Article 3(9) of the basic Regulation, in particular the significant rate of increase of dumped imports in 2015 (continued in 2016) 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.
Poceni kitajski uvoz se je postopoma povečeval in dobival tržne deleže v škodo industrije Unije.
In the view of this analysis, at this stage 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.
Nenehni pritisk s strani uvoza je bilo mogoče polno občutiti v drugi polovici leta 2015.
CAUSATION
Zato je Komisija v tej fazi zaključila, da je dolžniška kriza euroobmočja negativno vplivala predvsem od leta 2012 do 2013 obravnavanega obdobja in pred obdobjem preiskave.
In accordance with Article 3(7) of the basic Regulation, the Commission also examined whether other known factors could at the same time have threatened to injure the Union industry.
Zmanjšanje stroškov glavnih surovin (železove rude, koksnega premoga in odpadkov) zadevnega/podobnega izdelka
The Commission ensured that any possible threat of injury caused by factors other than the dumped imports from the PRC was not attributed to the dumped imports.
Zainteresirana stran je trdila, da cene zadevnega izdelka in podobnega izdelka sledijo enotnemu svetovnemu cenovnemu gibanju in so v osnovi posledica zniževanje cen železove rude.
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.
Glede na to naj pritiskov na cene in s tem grožnje škode ne bi povzročal kitajski izvoz, ampak svetovne razmere.
Effects of the dumped imports
Komisija je analizirala gibanje cen surovin za HRF za obravnavano obdobje.
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 %).
Ugotovila je, prvič, da na vzpostavljenih trgih jekla, kakršen je trg Unije, domači proizvajalci konkurirajo številnim virom uvoza, kot je prikazano v tabeli 18 v uvodni izjavi (177) spodaj, kar povzroča vse večji pritisk na cene in posledično zniževanje cen.
By continuously lowering their unit sales price during the period considered, and as set out in recital (76), the Chinese exporting producers were able to significantly increase their market share from 2012 (0,79 %) to the investigation period (4,32 %).
Drugič, četudi je LRK država, ki porabi največ jekla na svetu, ima precejšnjo presežno zmogljivost.
In particular, during the investigation period, compared to the previous years, there was a substantial increase of Chinese imports.
Kitajski proizvajalci se zato spodbujajo, naj izvažajo svoj presežek proizvodnje po nizkih cenah na svoje najprivlačnejše trge, vključno s trgom Unije.
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.
Zato trend cen surovin ni edini dejavnik, ki vpliva na svetovne cene.
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.
Tretjič, znano je, da so cene glavnih surovin (železova ruda, koksni premog in odpadki) za proizvodnjo HRF od leta 2012 do 2015 precej padle:
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, dumped imports kept on increasing and forced the Union industry to decrease its Union sales prices even more to limit its loss of market share.
cena železove rude se je znižala z okoli 141 USD/tono na 56 USD/tono, kar pomeni zmanjšanje za 60 %;
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.
cena za staro železo, pridobljeno pri rušitvi, se je zmanjšala z okoli 327 EUR/tono na 159 EUR/tono, kar pomeni zmanjšanje za 51 %;
In view of the coincidence in time between, on the one hand, the ever-increasing level of dumped 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 dumped imports had a negative impact on the situation of the Union industry.
cena za koksni premog se je znižala z okoli 252 USD/tono na 121 USD/tono (– 52 %).
Moreover, the progressive slowing down of the Chinese economy and the very 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.
Vendar se je pri analizi stroškov proizvodnje največjega vzorčenega proizvajalca Unije izkazalo, da je učinek tega zmanjševanja cen surovin veliko nižji od navedenega gibanja cen.
Indeed, some other traditionally important export markets imposed measures against Chinese steel products, including hot-rolled flat steel products.
To gibanje so povprečne cene in ne izkazuje stroškov za proizvajalce Unije, ki so odvisni tudi od kakovosti, količine in pogodbenih razmerij.
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 dumped imports of the product concerned, to the detriment of Union industry.
Poleg tega so se proizvodni stroški v industriji Unije v obravnavanem obdobju skupaj zmanjšali za 25 % (glej uvodno izjavo (104)), kar je bilo posledica ne le nižjih stroškov surovin, temveč tudi povečanja učinkovitosti proizvajalcev Unije.
This conclusion is corroborated by:
Poleg tega so se povprečne uvozne cene zmanjšale za višji odstotek, tj. za 33 % v istem obdobju (glej uvodni izjavi (78) in (79)).
the Eurostat import statistics which show that the level of Chinese imports continues to be significant after the end of the investigation period;
V pravičnih tržnih razmerah bi industrija Unije lahko ohranila svoje ravni prodajnih cen in tako izkoristila zmanjšanje stroškov ter ponovno dosegla dobičkonosnost.
the weakened Chinese internal steel demand.
Vendar so morali proizvajalci Unije prilagoditi gibanju cen na trgu Unije in cene so padle.
Effects of other factors
V obdobju preiskave so bili proizvajalci Unije celo prisiljeni prodajati po cenah, nižjih od stroškov, čeprav so že uspeli občutno zmanjšati stroške proizvodnje.
The economic crisis
Uvoz iz tretjih držav
The drop in steel demand in mainly 2012 and the aftermath of the Eurozone debt crisis affected negatively the performance of the Union steel industry in 2012 and 2013.
Obseg uvoza in tržni delež (v obsegu skupnega uvoza) iz tretjih držav se je v obravnavanem obdobju gibal na naslednji način:
It is also observed however that the Union industry started recovering during 2014 and 2015.
količine, cene na enoto in tržni deleži uvoza iz tretjih držav
Therefore, on the one hand, even if the Union industry was impacted by the Eurozone debt crisis, namely during the years 2012-2013, the market was recovering slightly from their effects with a relatively stable, even increasing Union market demand from 2013 onwards.
BRAZILIJA
As a result, whereas between 2014 and 2015 the Union industry could have benefited more from the recovery of the market, it was prevented from doing so by a steep increase in imports from the PRC.
Obseg uvoza iz Brazilije
Low-priced Chinese imports gradually increased and captured market shares to the detriment of the Union industry.
Uvozne cene na enoto iz Brazilije
The continuous pressure of imports started to be fully felt from the second half of 2015.
Delež v celotnem obsegu uvoza Unije
The Commission thus concluded at this stage that the Eurozone debt crisis had had a negative impact during mainly the years 2012 and 2013 of the period considered and before the investigation period.
Obseg uvoza iz Irana
However, it did not contribute to the threat of injury found at the end of 2015.
Uvozne cene na enoto iz Irana
Decrease in cost of the main raw materials (iron ore, coking coal and scrap) of the product concerned/like product
RUSIJA
An interested party argued that the prices of the product concerned and the like product would follow a sole worldwide price trend and basically reflect the decreasing prices of iron ore.
Obseg uvoza iz Rusije
Accordingly, it was not the Chinese exports, but a worldwide trend, which exerted the price pressure and caused the ensuing threat of injury.
Uvozne cene na enoto iz Rusije
The Commission analysed the developments in raw material prices for HRF for the period considered.
SRBIJA
First, in established steel markets, such as the Union market, domestic producers compete with many import sources as shown in table 18 under recital (177) below, leading to a growing price pressure and, consequently, to price erosions.
Obseg uvoza iz Srbije
Second, even if the PRC is the most steel consuming country in the world, it has a significant excess capacity.
Uvozne cene na enoto iz Srbije
Hence, the trend of raw materials prices is not the only factor which has an impact on world-wide prices.
Obseg uvoza iz Ukrajine
Third, it is acknowledged though that prices for the main raw materials (iron ore, coking coal and scrap) to produce HRF fell significantly between 2012 and 2015 as follows:
Uvozne cene na enoto iz Ukrajine
the price for iron ore decreased from about 141 USD per MT to 56 USD per MT, or a decrease of 60 %;
Kot je navedeno v tabeli v uvodni izjavi (76), se je uvoz iz LRK v obravnavanem obdobju povečal za 516 %.
the price for demolition scrap fell from about 327 EUR per MT to 159 EUR per MT, or a decrease of 51 %;
Čeprav sta imela v obravnavanem obdobju še višje stopnje rasti Brazilija (736 %) in Iran (+ 952 %), je bila njihova raven uvoza (580525 ton iz Brazilije in 1015088 ton iz Irana) v obdobju preiskave veliko nižja od uvoza iz LRK (1519304 ton iz LRK) v absolutnih številkah.
the price for coking coal lowered from about 252 USD per MT to 121 USD per MT (– 52 %).
Tudi primerjava absolutnih izvoznih podatkov pokaže, da je bila zadevna država takoj za Rusijo v obdobju preiskave drugi največji izvoznik na trg Unije.
However, when analysing the cost of production of the biggest sampled Union producer, it turns out that the impact of these falling raw materials prices is much lower than the mentioned price evolution.
Ruski uvoz [29] je morda prispeval h grožnji škode, vendar ni prekinil vzročne zveze iz naslednjih razlogov.
The evolution is about averages and does not reflect the costs for the Union producers which also depend on quality, quantity and contracted relationships.
Prvič, stopnja rasti LRK v obravnavanem obdobju (+ 516 %) je veliko višja od stopnje rasti Rusije (+ 28 %).
For example, the input from the three above mentioned raw materials accounted for about 60 % of the total cost of production of one big producer in 2012, but was still at 50 % of its total cost of production in 2015.
Drugič, LRK se je približala Rusiji, ki je izvažala le nekoliko več, tj. 773686 ton (vir: Eurostat) v prvi polovici leta 2016, v primerjavi z obsegom 773275 ton (vir: Eurostat) iz LRK v istem obdobju.
This shows that there is no direct correlation between the fall in raw material prices and a decrease of cost of production for HRF.
Tretjič, presežne zmogljivosti Rusije niso tako pomembne kot presežne zmogljivosti v LRK, kot je prikazano v spodnji tabeli:
Furthermore, the cost of production within the Union industry decreased altogether by 25 % over the period considered (see recital (104)), which was the result of not only a lower cost for the raw materials but also due to efficiency gains achieved by Union producers.
Tabela 19
In addition, the average import prices decreased by a higher percentage, i.e. by 33 % over the same period (see recitals (78) and (79)).
Dejanska proizvodnja podobnega izdelka v tretjih državah (v tisočih ton)
Under fair market conditions, the Union industry could have maintained its sales price levels so as to reap the benefits of a reduction in costs and reach profitability again.
Vir podatkov o zmogljivosti: OECD [30]Vir podatkov o proizvodnji: Svetovno jeklarsko združenje, Steel Statistical Yearbook 2015 [31]
However, Union producers had to follow the trend of prices on the Union market and prices fell down.
Država
During the investigation period Union producers were even forced to sell at prices below costs, even though they had already managed to reduce significantly their costs of production.
Ocena zmogljivosti proizvodnje surovega jekla za leto 2014
Imports from third countries
Proizvodnja surovega jekla leta 2013
The volume of imports and market share (in volume of total imports) from third countries developed over the period considered as follows:
Proizvodnja surovega jekla leta 2014
Table 18
Dejanska proizvodnja HRF leta 2013
Volumes, unit prices and market shares from third countries
Dejanska proizvodnja HRF leta 2014
BRAZIL
Rusija
Volume of imports from Brazil
LRK
Unit import prices from Brazil
Tudi če se zgornji podatki o zmogljivosti nanašajo izključno na surovo jeklo, in tudi ob zelo malo verjetni predpostavki, da bi se vse surovo jeklo v Rusiji uporabilo za proizvodnjo podobnega izdelka, je presežna zmogljivost Rusije celo v takem malo verjetnem scenariju precej nižja od presežne zmogljivosti na Kitajskem.
Share in total Union import volume
Komisija nato ocenila tudi cene in tržne deleže uvoza iz tretjih držav.
IRAN
Ugotovila je, da je uvoz podobnega izdelka iz nekaterih drugih držav, kot so Iran, Rusija in Ukrajina, potekal po celo nižjih cenah kot uvoz iz zadevne države.
Volume of imports from Iran
Vendar se je pri analizi trendov in obsega uvoza izkazalo, da je bila ravn uvoza iz Irana v obdobju preiskave precej nižja od ravni uvoza iz LRK in da se je uvoz iz Rusije in Ukrajine v obravnavanem obdobju sicer povečal, vendar pa veliko počasneje kakor uvoz iz LRK.