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China Steel was the world's blocking the new rule intended to appeal WTO-steel pipe, anti-dumping - by erhtt esrhtrfn





Article Author Biography
China Steel was the world's blocking the new rule intended to appeal WTO-steel pipe, anti-dumping - by
Article Posted: 02/28/2011
Article Views: 84
Articles Written: 1254
Word Count: 582
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China Steel was the world's blocking the new rule intended to appeal WTO-steel pipe, anti-dumping -


 
Business,Business News,Business Opportunities
For the spate of anti-dumping on Chinese steel pipe, steel metallurgy, general manager of Hubei new money, said on May 18 just as the respondent on behalf of the company plans to hit 5 million to continue and the EU court, but want to support the case to the Ministry of Commerce WTO ruling.

U.S. anti-dumping tariffs on Mexican anti-dumping, anti-dumping in India, just two months, many countries on anti-dumping countervailing China seamless steel tube investigation or sanction, but the domino effect of origin, the European Union last year, correct in October the Chinese steel anti-dumping duties.

2009 10 months, the EU Council of Ministers announcement that ruled China seamless steel pipe exports to the EU constitute a threat of injury to EU industry, decided to levy a 17.7% -39.2% of the final anti-dumping duties. Subsequently, the sanctions by the EU rule of Hubei Hunan Valin Steel Co., the lead, led, Tianjin Pipe, Seamless Pangang Chengdu, Wuxi Seamless, Baosteel, Anshan Iron and nine other companies last year to the European court.

The case in the European Council to vote on executive final ruling, the EU's 27 member states have 13 votes in favor and 12 votes against and 2 abstentions. From the results, the EU Council on the results of the internal dispute is great. Final ruling of the hearing, said prosecutors and even to the Chinese enterprises, this case is beyond the scope of the law, as complaints that the imposition of European companies as a great pressure on its holdings of legal too weak.

And 2 abstentions as votes ultimately required, the case will be forced through by the ruling. As the complaining party of the EU steel companies to expand the impact of Mannesmann, the interim with another local company formed a European Steel Tube Association fight the lawsuit.

CITIC Pacific Special Steel Group International Trade Company, General Manager Liu literature told Sina finance, production from the EU structural and demand structure, the EU products of local enterprises concentrated in about 90% Oil , Natural gas and nuclear power tube and other high-end products, and production machinery Pipe and tube structure of this low-end products are small. The European Commission on the mechanical structure with a tube and pipe demand is relatively strong, resulting in local short supply of these products, so the export of Chinese enterprises are also concentrated in these low-end products.

"But the European Commission in the choice of alternative normal value, but used mainly by oil production companies with the management of data. But also to participate in a sample of Hubei new Steel, Tianjin Steel and other four companies were not given market economy treatment. "Liu theory.

In the choice of alternative country, the European Commission adopted, a Texas oil company with the management of data, the fact that this enterprise is associated with the EU's Mannesmann businesses that fact. By the European Commission in the notice of claim, because although the Ukraine and India, business is more appropriate, but the two countries, enterprises in the European Commission after being invited, no intention to Cooperation Unwilling to cooperate with the investigation, ultimately, choose the United States as the surrogate country. The case to counsel, this comparison certainly increase the margin of dumping.

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