Tianjin Xinyue Industrial and Trade Co., Ltd.
Tianjin Xinyue Industrial and Trade Co., Ltd.
Home > News

anti-dumping investigation of rust steel billet

Apr. 03, 2019

According to the "Anti-dumping Regulations of the People's Republic of China" (hereinafter referred to as the "Anti-Dumping Regulations"), on July 23, 2018, the Ministry of Commerce (hereinafter referred to as the investigation authority) issued the announcement No. 62 of 2018, which was decided to be native to the European Union and Japan. Imported stainless steel billets and stainless steel hot rolled sheets/rolls (hereinafter referred to as the products under investigation) in Korea and Indonesia were investigated for anti-dumping investigations.


The investigation agency investigated whether the products under investigation had dumping and dumping margins, whether the products under investigation caused damage and damage to the domestic stainless steel billet and stainless steel hot-rolled sheet/roll industry, and the causal relationship between dumping and damage. According to the investigation results and the provisions of Article 24 of the Anti-Dumping Regulations, the investigation authority made a preliminary ruling (see attachment). The relevant matters are hereby announced as follows:


I. Initial ruling

The investigation authority initially determined that imported stainless steel billets and stainless steel hot-rolled sheets/rolls originating in the EU, Japan, South Korea and Indonesia were dumped, and the domestic stainless steel billet and stainless steel hot-rolled sheet/roll industry suffered substantial damage, and dumping and substantial damage were There is a causal relationship between them.


Second, the collection of deposit

According to the provisions of Articles 28 and 29 of the Anti-Dumping Regulations, the investigation authority decided to implement temporary anti-dumping measures in the form of margin. Since March 23, 2019, importers shall, when importing the products under investigation, provide the corresponding customs deposits to the customs of the People's Republic of China according to the margin ratios of the companies determined in this preliminary decision.


The specific description of the products under investigation is as follows:

Scope of investigation: Imported stainless steel billets and stainless steel hot rolled sheets/rolls from the EU, Japan, Korea and Indonesia.

Product name under investigation: stainless steel billet and stainless steel hot rolled sheet/roll.

English name: Stainless Steel Billet and Hot-rolled Stainless Steel Plate (Coil)


Product Description: Stainless steel billet and stainless steel hot-rolled sheet/roll refers to alloy steel with a carbon content of 1.2% or less and chromium content of 10.5% or more, except for cold rolling, with or without other elements. Stainless steel billets are rectangular (except for square) sections, or other stainless steel semi-finished products. The stainless steel hot-rolled sheet/roll is made from a stainless steel billet after hot rolling and the like, and is in the form of a roll or a plate, regardless of the width and thickness.


Main use: There are usually two purposes, one is used as raw material for cold-rolled stainless steel, and is processed into cold-rolled stainless steel after cold rolling; the other is sold directly as final product, mainly used in ships, containers, railways. , power, petroleum, petrochemical and other industries.


This product belongs to "People's Republic of China Import and Export Tariff": 72189100, 72189900, 72191100, 72191200, 72191312, 72191319, 72911322, 72191329, 72191412, 72191419, 72191422, 72191429, 72192100, 72192200, 72192300, 72192410, 72192420, 72192240, 72201100 Under 72201200.


The margin ratios levied on each company are as follows:

EU company: 43.0%

Japanese company:

1. Japan Metallurgical Industry Co., Ltd. 18.1%

(NIPPON YAKIN KOGYO CO., LTD)

2. Other Japanese companies 29.0%

(All Others)

Korean company:

1. POSCO Co., Ltd. 23.1%

(POSCO)

2. Other Korean companies 103.1%

(All Others)

Indonesian company: 20.2%


Third, the method of collecting the deposit

Since March 23, 2019, importers importing stainless steel billets and stainless steel hot-rolled sheets/rolls originating in the EU, Japan, Korea and Indonesia shall be dumped according to the determination of each company as determined by this preliminary decision. The margin is provided to the Customs of the People's Republic of China. The deposit is levied at the ad valorem of the customs-examined duty-paid price. The formula is: the amount of the deposit = (the customs-certified duty-paid price × the margin collection ratio) × (1 + import link value-added tax rate).


Fourth, comments

Each interested party may submit written comments to the investigation authority within 10 days from the date of publication of this announcement.


Hot Products

CONTACT US
Request a Quote