The EU imposed a provisional anti-dumping duty of up to 81.1% on Chinese seamless steel pipes. On November 12, the European Commission made a preliminary anti-dumping investigation on seamless steel pipe products originating in China, and decided to levy a temporary anti-dumping duty of up to 81.1% for a period of six months, effective on November 13. The preliminary ruling involves seamless steel pipe manufacturers in Hunan, Hubei and Jiangsu, and the temporary anti-dumping tax rate imposed is 43.5%-81.1%. Among them, the tax rate of Yangzhou Chengde Steel Pipe Co., Ltd. is 45.4%, Hubei Xinyegang Special Steel Pipe Co., Ltd. 79.0%, Yangzhou Longchuan Steel Pipe Co., Ltd. 43.5%, Hengyang Valin Steel Pipe Co., Ltd. 73.3%, other cooperative manufacturers 71.8%, all other manufacturers 81.1%.
In my country's steel industry, which has been repeatedly investigated by anti-dumping, seamless steel pipes bear the brunt. Just before the EU announced the preliminary ruling of the anti-dumping investigation on Chinese seamless steel pipes, on November 4, Mexico announced an extension of the anti-dumping duties on Chinese seamless steel pipes for 5 years at a rate of US$1,252/ton. In October 2009, the EU decided to levy anti-dumping duties of 17.7%-39.2% on Chinese seamless steel pipes for a period of 5 years; in April 2010, the United States decided to impose anti-dumping duties on Chinese seamless steel pipes with a rate of 32%-98% ;In December 2011, the European Commission imposed a final anti-dumping duty on Chinese stainless steel seamless pipes, with a tax rate of 48.3%-71.9%; in October 2012, Brazil imposed an anti-dumping duty on Chinese seamless steel pipes, with a standard of 908.59 US dollars / ton, the deadline For 5 years; in July 2015, India conducted an anti-dumping investigation on seamless steel pipes from China; in January 2016, Brazil imposed temporary anti-dumping duties on Chinese seamless carbon steel pipes for a total of 6 months.
The U.S. preliminary ruling decided to terminate the antitrust charges in the China Steel 337 investigation. On November 14, the U.S. International Trade Commission (ITC) administrative judge made a preliminary ruling and decided to terminate the investigation of the antitrust allegations in the 337 investigation of carbon steel and alloy steel products in China in response to the motion of Chinese steel enterprises. On May 26, at the request of U.S. Steel Corporation, the ITC launched a Section 337 investigation into Chinese carbon and alloy steel products exported to the U.S. The investigation includes: Chinese steel companies are suspected of conspiring to manipulate product prices and export volumes, embezzling U.S. corporate trade secrets and fictitious products Origin and other three items. On August 26, Chinese steel companies filed a motion to ask the ITC to terminate the first investigation of the aforementioned antitrust allegations. On November 14, the ITC Administrative Judge made a preliminary ruling on the motion, finding that the U.S. applicant failed to prove that it suffered damage from monopolistic behavior in accordance with the requirements of U.S. antitrust law, and failed to provide factual evidence about the occurrence of predatory pricing behavior. , it was decided to terminate the first investigation, and the other two investigations will continue. The administrative judge has now referred the ruling to the ITC for consideration. According to relevant U.S. laws, the ruling will become final after 30 days unless the interested party requests a review, or the ITC decides to initiate a review on its own.
The United States launched an investigation into Chinese steel companies transiting through Vietnam for tax avoidance. On November 7, the U.S. Department of Commerce launched a formal investigation into whether Chinese steel companies were exporting steel through Vietnam to avoid U.S. import tariffs. In September, the Commerce Department decided to investigate complaints from U.S. steelmakers, an escalation in the U.S. effort to prevent Chinese-made metals from flooding the U.S. market. The investigation could lead to new tariffs on Chinese-made steel transshipped from Vietnam, under regulations to prevent such tax avoidance. U.S. steelmakers say Chinese steelmakers ship their products to Vietnam, remake them, package them as Vietnamese products, and ship them to the U.S. so they can enjoy lower tariffs on Vietnamese-made steel.
The European Union followed the United States to investigate Chinese steel for tax avoidance. After the United States announced an investigation into China's export of steel via Vietnam, the European Union's Office of Anti-Fraud (OLAF) began on November 8 to investigate whether Chinese companies exported steel to Europe via other countries to avoid EU anti-dumping duties. OLAF declined to disclose any details of the investigation, but documents on Vietnam’s trade ministry website show that OLAF is investigating 190 cases of Chinese-made coated steel coils exported via Vietnam to EU countries such as Portugal, Spain and Poland between 2013 and 2014. case. OLAF estimated that the steel transshipped through Vietnam was worth about $19 million and was awarded a Vietnam Certificate of Origin. If confirmed, the agency will impose a retroactive tariff of 58% on the steel.
India imposed provisional anti-dumping duties on imports of rod and wire from China. On November 2, the Ministry of Finance of India imposed provisional anti-dumping duties on hot-rolled alloy and non-alloy rods and wires imported from China for a period of 6 months. This ruling is based on the preliminary findings of the Ministry of Commerce and Industry of India on September 27. The Directorate General of Anti-dumping and Joint Tariffs (DGAD) of the Ministry of Commerce and Industry ruled that there was dumping of hot-rolled alloy and non-alloy bars and wires imported from China, with a dumping margin of 35%. -70%. The lowest price at Minmetals Ying Medium Plate Factory was US$449/t, while the others were at US$538/t. Accordingly, the Ministry of Finance of India implemented a minimum price plan and imposed temporary anti-dumping duties on imported rods and wires below this price.
