
  PT Indonesia Guang Ching Nickel and Stainless Steel Industry    PT Indonesia Tsingshan Stainless Steel  ,19,2 %,
All other companies,19,2 %,
 Table 1 ,
    As explained in recital (190), the London Metal Exchange was used as the basis for this undistorted value, corrected for the nickel content of the raw material. As the nickel content varied between the sampled companies, the exact undistorted value is given in the company-specific disclosure.    ,

 Raw Materials/Auxiliary Materials ,
Quartzite,2506 20,1 945,57,CNY/t,
Fireclay,2508 30,4 109,8,CNY/t,
Serpentine,2516 90,4 257,06,CNY/t,
Fused magnesia; dead-burned (sintered) magnesia, whether or not containing small quantities of other oxides added before sintering; other magnesium oxide, where or not pure,2519 90,8 993,25,CNY/t,
Fluorspar – Containing by weight 97 % or less of calcium fluoride,2529 21,2 126,27,CNY/t,
Iron ore, non-agglomerated (powder); Lump Iron Ore,2601 11,8 300,12,CNY/t,
Iron ore, agglomerated (sinter),2601 12,1 165,36,CNY/t,
Chromium Ores and Concentrates,2610 00,4 493,41,CNY/t,
Fat coal; Coking coal,2701 12,1 412,62,CNY/t,
Lean coal; Electric coal; Gas coal,2701 19,1 268,12,CNY/t,
Coke; Coke powder; Metallurgical coke,2704 00,2 703,69,CNY/t,
Lubricating Oil,2710 19,73,73,CNY/t,
Carbon,2803 00,9 656,11,CNY/t,
Calcium (Wire),2805 12,34 597,6,CNY/t,
Sulphuric Acid,2807 00,560,10,CNY/t,
Nitric Acid,2808 00,2 582,31,CNY/t,
Hydrofluoric Acid,2811 11,11 085,17,CNY/t,
Ammonia anhydrous,2814 10,1 920,32,CNY/t,
Molybdenum oxide or hydroxide,2825 70,134 622,7,CNY/t,
Ferrous sulfide,2830 90,92 317,53,CNY/t,
Hydrogen Peroxide,2847 00,15 955,82,CNY/t,
Core wire; Casting powder,3824 99,15 192,47,CNY/t,
Medium Nickel pig iron; Low Nickel pig iron,  [N/A]    (see recital (190))  ,  84 151,0    Adjusted for actual nickel content   ,CNY/t,
Ferro Manganese, containing by weight &gt; 2 % carbon,7202 11,8 143,34,CNY/t,
Ferro Manganese, containing by weight &lt;= 2 % carbon,7202 19,12 910,85,CNY/t,
Ferro-silicon, &gt; 55 % silicon,7202 21,12 754,53,CNY/t,
Ferro-silicon manganese,7202 30,8 077,34,CNY/t,
Ferro-chromium, &gt; 4 % carbon,7202 41,9 475,88,CNY/t,
Ferronickel,  [N/A]    (see recital (190))  ,21 879,38,CNY/t,
Ferro-molybdenum,7202 70,130 503,79,CNY/t,
Ferrotungsten iron,7202 80,200 436,7,CNY/t,
Ferro-titanium,7202 91,25 925,68,CNY/t,
Ferro-niobium,[N/A] (see recital (190)),145 667,77,CNY/t,
Ferro-boron; Ferro-silico-calcium Alloy,7202 99,14 659,67,CNY/t,
Cast iron scrap,7204 10,909,47,CNY/t,
Stainless steel scrap,7204 21,6 600,08,CNY/t,
Ferrous waste and scrap other than turnings, shavings, chips, milling waste, sawdust, filings, trimmings stampings; of material other than cast iron, alloy steel, tinned iron or steel,7204 49,2 388,92,CNY/t,
Granules of pig iron, spiegeleisen, iron or steel,7205 10,9 625,1,CNY/t,
Iron Torching Powder,7205 29,8 830,75,CNY/t,
Molten iron,  [N/A]    (see recital (190))  ,2 715,76,CNY/t,
Reinforcing Bars,7214 20,3 961,67,CNY/t,
Shot Blast pellets,7326 11,7 016,25,CNY/t,
Cathodes Copper,7403 11,42 901,1,CNY/t,
Other articles of copper; cast, moulded, stamped or forged, but not further worked; excluding chains and parts thereof.,7419 91,276 619,84,CNY/t,
Nickel, Not Alloyed,7502 10,98 182,6,CNY/t,
Nickel waste and scrap,7503 00,640,77,CNY/t,
Nickel bars, rods and profiles of nickel alloys,7505 12,172 600,22,CNY/t,
Aluminium Ingot; Aluminium, unwrought, unalloyed,7601 10,15 833,5,CNY/t,
Aluminium Wire, not alloyed,7605 11,16 103,02,CNY/t,
Aluminium plates, sheets and strip,7606 91,22 469,41,CNY/t,
Molybdenum bars and rods,8102 95,817 404,83,CNY/t,
Cobalt mattes and other intermediate products of cobalt metallurgy,8105 20,180 180,5,CNY/t,
Sponge Titanium,8108 20,72 277,73,CNY/t,
Manganese,8111 00,17 032,79,CNY/t,
Electrodes of graphite,8545 11,57 656,22,CNY/t,
Slab,  [N/A]    (see recital (190))  ,14 033,74,CNY/t,
 Labour ,
Labour costs in manufacturing sector,[N/A],33,88,CNY/hour,
 Energy ,
Electricity,[N/A],0,82,CNY/kWh,
Natural Gas,[N/A],3,23,CNY/m 3 ,
Water,[N/A],68,88,CNY/m 3 ,
Argon,2804 21,8,03,CNY/m 3 ,
Oxygen,2804 40,13,04,CNY/m 3 ,
    The margin applies to all other Chinese producers of the product under investigation of the TISCO group as listed in the operative part of the Regulation.    ,

Shanxi Taigang Stainless Steel Co., Ltd. ,108,4,
Fujian Fuxin Special Steel Co., Ltd,55,6,
Xiangshui Defeng Metals Co., Ltd,87,9,
Fujian Dingxin Technology Co., Ltd.,87,9,
All other companies,108,4,

  Yieh United Steel Co. and    Tang Eng Iron Works Co. Ltd.  ,6,0 %,
Walsin Lihwa Co.,7,5 %,
All other companies,7,5 %,
 Table 2 ,
 Free consumption on the Union market (tonnes) ,
   Source: Eurofer, sampled Union producers and Eurostat.  ,

Free Union consumption,1 221 444,1 213 398,1 205 651,1 219 231,
 Index , 100 , 99 , 99 , 100 ,
 Table 3 ,
 Captive consumption on the Union market (tonnes) ,
   Source: Eurofer.  ,

Captive Union consumption,3 627 275,3 741 880,3 703 555,3 607 752,
 Index , 100 , 103 , 102 , 99 ,
 Table 4 ,
 Overall consumption (captive and free market) (tonnes) ,
   Source: Eurofer, sampled Union producers and Eurostat.  ,

Overall Union consumption,4 848 718,4 955 278,4 909 206,4 826 983,
 Index , 100 , 102 , 101 , 100 ,
 Table 5 ,
 Import volumes (tonnes) and market share ,
    The precise market share was 0,0086 % in 2016.    ,
    The precise market share was 0,0014 % in 2017.    ,
    Considering the precise market share in 2017 (see footnote 2 above), the index is at 16 in that year.    ,
   Source: Eurostat.  ,

PRC,194 962,263 858,250 633,222 802,
 Index , 100 , 135 , 129 , 114 ,
Market share,16,0 %,21,7 %,20,8 %,18,3 %,
 Index , 100 , 136 , 130 , 114 ,
Indonesia,105,17,44 863,111 512,
 Index , 100 , 16 , 42 726 , 106 202 ,
Market share,0,0 % ,0,0 % ,3,7 %,9,1 %,
 Index , 100 , 100  , 43 286 , 106 395 ,
Taiwan,28 992,39 739,50 058,36 910,
 Index , 100 , 137 , 173 , 127 ,
Market share,2,4 %,3,3 %,4,2 %,3,0 %,
 Index , 100 , 138 , 175 , 128 ,
Total countries concerned,224 059,303 613,345 554,371 224,
 Index , 100 , 136 , 154 , 166 ,
Market share,18,3 %,25,0 %,28,7 %,30,4 %,
 Index , 100 , 136 , 156 , 166 ,
 Table 6 ,
 Prices of the imports from the countries concerned (EUR/tonne) ,
   Source: Eurostat.  ,

PRC,1 503,1 827,1 826,1 820,
 Index , 100 , 122 , 121 , 121 ,
Indonesia,2 203,2 152,1 688,1 645,
 Index , 100 , 98 , 77 , 75 ,
Taiwan,1 550,1 813,1 954,1 943,
 Index , 100 , 117 , 126 , 125 ,
Total countries concerned,1 510,1 826,1 827,1 780,
 Index , 100 , 121 , 121 , 118 ,
 Table 7 ,
 Production, production capacity and capacity utilisation ,
   Source: Eurofer.  ,

Total Union production (tonnes),4 786 053,4 807 793,4 768 710,4 636 995,
 Index , 100 , 100 , 100 , 97 ,
Production capacity (tonnes),6 967 785,6 937 585,7 025 230,7 057 282,
 Index , 100 , 100 , 101 , 101 ,
Capacity utilisation,69 %,69 %,68 %,66 %,
 Index , 100 , 101 , 99 , 96 ,
 Table 8 ,
 Free sales volume and market share ,
   Source: Eurofer and Eurostat.  ,

Union industry free sales volumes (tonnes),869 660,775 692,735 596,754 334,
 Index , 100 , 89 , 85 , 87 ,
Market share on free Union consumption,71,2 %,63,9 %,61,0 %,61,9 %,
 Index , 100 , 90 , 86 , 87 ,
 Table 9 ,
 Captive volume and market share (tonnes) ,
   Source: Eurofer.  ,

Captive volume on the Union market,3 627 275,3 741 880,3 703 555,3 607 752,
 Index , 100 , 103 , 102 , 99 ,
Total production of Union industry,4 786 053,4 807 793,4 768 710,4 636 995,
 Index , 100 , 100 , 100 , 97 ,
Share of captive market over total Union production,75,8 %,77,8 %,77,7 %,77,8 %,
 Index , 100 , 103 , 102 , 103 ,
 Table 10 ,
 Employment and productivity ,
   Source: Eurofer.  ,

Number of employees,2 274,2 266,2 303,2 372,
 Index , 100 , 100 , 101 , 104 ,
Productivity (tonnes per staff),2 104,2 122,2 070,1 955,
 Index , 100 , 101 , 98 , 93 ,
 Table 11 ,
 Sales prices in the Union ,
   Source: Sampled Union producers.  ,

Average unit sales price on the free market (EUR/tonne),1 699,2 019,2 072,1 991,
 Index , 100 , 119 , 122 , 117 ,
Unit cost of production (EUR/tonne),1 581,1 795,1 929,1 894,
 Index , 100 , 114 , 122 , 120 ,
 Table 12 ,
 Average labour costs per employee ,
   Source: Sampled Union producers.  ,

Average labour costs per employee (EUR),62 423,61 712,60 037,61 534,
 Index , 100 , 99 , 96 , 99 ,
 Table 13 ,
 Inventories ,
   Source: Eurofer.  ,

Closing stocks (tonnes),147 341,152 089,147 018,118 543,
 Index , 100 , 103 , 100 , 80 ,
Closing stocks as a percentage of production,3,1 %,3,2 %,3,1 %,2,6 %,
 Index , 100 , 103 , 100 , 83 ,
   Source: Sampled Union producers.  ,

Profitability of sales in the Union to unrelated customers (% of sales turnover),7,2 %,10,2 %,5,1 %,3,5 %,
 Index , 100 , 142 , 71 , 49 ,
Cash flow (EUR),20 214 740,48 032 998,25 074 879,-18 363 974,
 Index , 100 , 238 , 124 , -91 ,
Investments (EUR),29 376 840,47 908 280,48 154 124,46 211 563,
 Index , 100 , 163 , 164 , 157 ,
Return on investments,4,8 %,8,5 %,3,1 %,0,2 %,
 Index , 100 , 179 , 65 , 4 ,
 Table 15 ,
   Source: Eurostat.  ,

Republic of Korea,Volume (tonnes),64 995,32 949,35 535,33 191,
 Index , 100 , 51 , 55 , 51 ,
Market share,5,3 %,2,7 %,2,9 %,2,7 %,
 Index , 100 , 51 , 55 , 51 ,
Average price (EUR/tonne),1 404,1 697,1 695,1 654,
 Index , 100 , 121 , 121 , 118 ,
South Africa,Volume (tonnes),25 803,29 123,25 923,27 494,
 Index , 100 , 113 , 100 , 107 ,
Market share,2,1 %,2,4 %,2,2 %,2,3 %,
 Index , 100 , 114 , 102 , 107 ,
Average price (EUR/tonne),1 436,1 649,1 671,1 728,
 Index , 100 , 115 , 116 , 120 ,
Other third countries,Volume (tonnes),36 926,72 022,63 043,32 989,
 Index , 100 , 195 , 171 , 89 ,
Market share,3,0 %,5,9 %,5,2 %,2,7 %,
 Index , 100 , 196 , 173 , 89 ,
Average price (EUR/tonne),1 837,1 931,2 084,2 302,
 Index , 100 , 105 , 113 , 125 ,
Total of all third countries except the countries concerned,Volume (tonnes),127 725,134 093,124 501,93 674,
 Index , 100 , 105 , 97 , 73 ,
Market share,10,5 %,11,1 %,10,3 %,7,7 %,
 Index , 100 , 106 , 99 , 73 ,
Average price (EUR/tonne),1 536,1 813,1 887,1 904,
 Index , 100 , 118 , 123 , 124 ,
 Table 16 ,
   Source: Sampled Union producers, Eurofer.  ,

Export volume (tonnes),125 237,151 305,156 620,141 448,
 Index , 100 , 121 , 125 , 113 ,
Average price (EUR/tonne),1 745,1 909,1 940,1 992,
 Index , 100 , 109 , 111 , 114 ,

Taiwan,  Yieh United Steel Co. and    Tang Eng Iron Works Co. Ltd.  ,6,0,24,1,
Taiwan,Walsin Lihwa Co.,7,5,18,3,
Taiwan,All other companies,7,5,24,1,

Indonesia,  PT Indonesia Guang Ching Nickel and Stainless Steel Industry    PT Indonesia Tsingshan Stainless Steel  ,19,2,17,0,
PRC,Shanxi Taigang Stainless Steel Co., Ltd,108,4,18,9,
PRC,Fujian Fuxin Special Steel Co., Ltd,55,6,14,5,
PRC,Xiangshui Defeng Metals Co., Ltd,87,9,17,4,
PRC,Fujian Dingxin Technology Co., Ltd.,87,9,17,4,
PRC,All other companies,108,4,18,9,

Indonesia,  PT Indonesia Guang Ching Nickel and Stainless Steel Industry    and    PT Indonesia Tsingshan Stainless Steel  ,19,2 %,17,0 %,17,0 %,
Indonesia,All other companies,19,2 %,17,0 %,17,0 %,
People’s Republic of China,Shanxi Taigang Stainless Steel Co., Ltd.,108,4 %,18,9 %,18,9 %,
People’s Republic of China,Fujian Fuxin Special Steel Co., Ltd,55,6 %,14,5 %,14,5 %,
People’s Republic of China,Xiangshui Defeng Metals Co., Ltd,87,9 %,17,4 %,17,4 %,
People’s Republic of China,Fujian Dingxin Technology Co., Ltd.,87,9 %,17,4 %,17,4 %,
People’s Republic of China,All other companies,108,4 %,18,9 %,18,9 %,
Taiwan,  Yieh United Steel Co.    and    Tang Eng Iron Works Co. Ltd.  ,6,0 %,24,1 %,6,0 %,
Taiwan,Walsin Lihwa Co.,7,5 %,18,3 %,7,5 %,
Taiwan,All other companies,7,5 %,24,1 %,7,5 %,
