subject: Jiaxing Fastener Lead "rush" Eu Anti-dumping - Fasteners, Jiaxing Fastener - Pump Industry [print this page] HC Valve Network: Ministry of Commerce on December 23, 2009 issued Notice No. 115, published on the carbon steel fasteners imported from the EU's preliminary determination of anti-dumping investigations, and decided to take temporary anti-dumping measures. The decision is in, including Jiaxing Jin billion industry, Zhapu industrial fasteners, etc., under the impetus of businesses and associations to achieve.
Carbon steel carbon steel fasteners are used for fastening the connection machine parts, range of applications including Car Industrial, Electronic Products, electronic equipment, machinery and equipment, construction and general industrial uses.
Preliminary ruling that the investigating authorities, in this case, the investigation period, imports originating in the EU dumping of carbon steel fasteners, steel fasteners domestic industry has been substantial damage, dumping and material injury and causal link between decided to take the product form of provisional anti-dumping margin measures.
According to preliminary determination, since December 28, 2009, the import operator import the source of the product should be determined based on preliminary determination of dumping margins of companies (16.8% and 24.6%) to China Customs to provide the corresponding margin.
As the main sponsor of this case, the Jiaxing Jiaxing fastener import and export businesses and business associations is a key player in this case. Jiaxing Municipal Bureau of Foreign Trade Department to introduce fair trade, Jiaxing has always been the case in China and the EU's main trade area fasteners. According to statistics, last year the city fastener exports accounted for 14.3% of total exports. Earlier this year, I closed the EU anti-dumping investigations fastener business in Jiaxing City, the 24 responding companies are fined heavily taxed to varying degrees, making access to EU markets face serious challenges.
Industry are calling on the Chinese fastener enterprises should learn to use WTO rules to protect the interests of their own industries, rather than passively accept his country's trade sanctions.
"Fasteners in China in the EU anti-dumping process, collection of Chinese enterprises involved in the high anti-dumping duties, but then the two EU-funded enterprises impose zero tariffs, and to give market economy status, exposure to the substance of its trade protection. "Jiaxing Municipal Bureau of Foreign Trade Director of Fair Trading said Chen Lan, China and the EU production of fasteners are different products, there is no homogeneity, the domestic product does not pose a direct hazard to the EU. The EU to take temporary anti-dumping measures, is the form through taxation to offset the EU's double standards because I caused the loss of the fastener industry.
Chen Lan further that the EU exports to China fasteners are high-end products, according to related statistics, the EU's annual export amount of our fastener products are 280 million U.S. dollars. Since the development of China's fastener industry, the lower level, the influx of a large number of high-end products, also inhibited the objective to enhance the speed of my fastener industry. Therefore, the provisional anti-dumping measures initiated by the EU, but also for a national industry leaving more room for development.
November 30 last year, including the Jin billion industry, including the domestic industry Zhapu 47 private enterprises, co-sponsored by the Chinese fastener industry, the EU anti-dumping lawsuits. Just more than a month, it won the Department of Commerce review, there were dozens of European companies responding. The case then resort to the Ministry of Commerce WTO, in order to resolve bilateral trade frictions use of multilateral mechanisms.
Chen Lan said the Department of Commerce to the EU carbon steel fasteners to take temporary anti-dumping measures will be changed situation of Chinese enterprises vulnerable to attack, to show the positive use of our fastener business of international trade rules to safeguard the interests of the trade posture, set up Chinese companies take the initiative as an example.
