New measure imposed on dumped S-PVC from the USA
The TRA's final recommendation to impose a new anti-dumping measure on imports of Suspension Poly(vinyl chloride) from the USA has been accepted.
The Secretary of State for Business and Trade has accepted the Trade Remedies Authority’s (TRA) final recommendation to impose a new anti-dumping measure on low-priced imports of Suspension Poly(vinyl chloride) (S-PVC) from the USA.
A new duty of 38.43%-56.01% on imports of US-made S-PVC will now come into effect, with the cooperating US exporter that submitted relevant data receiving a lower rate than other exporters that did not cooperate.
During its investigation, the TRA found that as a result of price undercutting, the UK’s S-PVC industry faced downward price pressure from dumped US S-PVC, forcing it to reduce prices to levels that were unsustainable for its business operations.
The TRA also found that an anti-dumping measure on imports of S-PVC from the USA would allow the UK industry to compete fairly, enable it to operate closer to its full capacity and potentially increase its productivity.
S-PVC is used to create a range of products including water pipes, window frames, food packaging and in medical products such as blood storage bags. In 2022, the UK used around 440,000-480,000 metric tonnes of S-PVC with the UK market being worth around £660-£700m.
Background information:
- The TRA opened this investigation in response to an application from INOVYN ChlorVinyls Ltd.
- The Trade Remedies Authority is the UK body that investigates whether new trade remedy measures are needed to counter unfair import practices and unforeseen surges of imports.
- The TRA is an arm’s length body of the Department for Business & Trade.
- UK industries concerned about imports can submit applications to the TRA for a new trade remedy measure.
- Anti-dumping remedies address imported goods which are being dumped in the UK at prices below what they would be sold for in their home country.