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Haluk Kayabasl: Double-digit AD duties on stainless imports would protect Turkishmarket-Stainless Steel Exhibition -The 26th China(Guangzhou)International Stainless Steel Industry Exhibition 12/11/2025 不锈钢展-Stainless Steel exhibition |
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Speaking on Turkish TV channel CNBc-e, Haluk Kayabasl, CEO of Turkey''s Kibar Holding, has emphasized theimportance of protecting Turkey''s domestic production, saying that he expects protective measures to beimposed against dumped stainless steel imports from China and Indonesia under Turkey''s ongoing antidumpinginvestigation. Highlighting that dumped imports from the Far East have caused significant harm to localproducers, Mr. Kayabasl stated that a possible double-digit antidumping duty would protect the domestic marketand help restore fair competition.
How was 2025?
Noting that 2025 has been a challenging year for Turkish producers, similar to 2024, Mr. Kayabasl said, "Wehave been under pressure from low-priced imports from the Far East. Therefore, 2025 was not an easy year.However, with inflation declining and exchange rates reaching more reasonable levels, l believe that from 2026onward the Turkish steel industry will be able to breathe a sigh of relief." he said.
Antidumping expectations
Noting that POSCO Assan conducted a comprehensive and scientific study before filing its antidumping petitionin June last year, identifying dumped sales through a nine-month analysis, Kayabasl said, "Our researchrevealed that stainless steel products entered the Turkish market with double-digit dumping margins. Thereforewe expect a double-digit duty to be announced." Adding that a potential antidumping duty would not createadditional cost pressure, he noted that POSCO Assan aims to meet domestic demand with local productionsupported by the competitive advantage the duty would bring.
The final decision in the investigation is expected to be announced soon by the Ministry of Trade.
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