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China Starts New Steel Anti-Dumping Investigation
30/07/2015 12:00
Beginning another trade dispute in the sector, China's Ministry of Commerce (MOC) has announced the instigation of an anti-dumping (AD) investigation into grain-oriented flat-rolled electrical steel (GOES) imported from Japan, South Korea, and the European Union (EU).
A short statement from the Ministry on July 23 said that, following complaints by Chinese producers, it will investigate whether GOES imports from those countries have damaged the local industry, and, if so, the extent of that damage and appropriate AD duties.
In May this year, the EU put its own provisional AD duties on Chinese, Japanese, South Korean, US, and Russian imports of GOES, which is used in large electrical transformers, reactors, and motors.
An MOC investigation normally takes around one year. Meanwhile, a final decision in the EU investigation into GOES imports is expected in November this year.
Last year, the United States imposed AD duties on imports of non-oriented electrical steel from China, Germany, Japan, South Korea, Sweden, and Taiwan, together with countervailing anti-subsidy duties on imports from only China and Taiwan.
A short statement from the Ministry on July 23 said that, following complaints by Chinese producers, it will investigate whether GOES imports from those countries have damaged the local industry, and, if so, the extent of that damage and appropriate AD duties.
In May this year, the EU put its own provisional AD duties on Chinese, Japanese, South Korean, US, and Russian imports of GOES, which is used in large electrical transformers, reactors, and motors.
An MOC investigation normally takes around one year. Meanwhile, a final decision in the EU investigation into GOES imports is expected in November this year.
Last year, the United States imposed AD duties on imports of non-oriented electrical steel from China, Germany, Japan, South Korea, Sweden, and Taiwan, together with countervailing anti-subsidy duties on imports from only China and Taiwan.
July 24, 2015
Source: Tax News
Source: Tax News
| Tải tài liệu | |
|---|---|
| 150724 China Starts New Steel Anti Dumping Investigation | |
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