The Ministry of Commerce issued an announcement on July 22, deciding to conduct an end-of-term review of the anti-dumping measures applicable to imported stainless steel billets and stainless steel hot-rolled plates/coils originating in the EU, the United Kingdom, South Korea and Indonesia from July 23, 2024. investigation.
On July 22, 2019, the Ministry of Commerce issued Announcement No. 31 of 2019, deciding to impose anti-dumping duties on imported stainless steel billets and stainless steel hot-rolled plates/coils originating from the EU, Japan, South Korea and Indonesia starting from July 23, 2019. tax, and accept the price commitment proposed by POSCO Co., Ltd. The anti-dumping tax rates are 43.0% for EU companies, 18.1%-29.0% for Japanese companies, 23.1%-103.1% for Korean companies, and 20.2% for Indonesian companies. The implementation period of anti-dumping duties and price commitments is 5 years.
On November 20, 2020, the Ministry of Commerce issued Announcement No. 55 of 2020, deciding to conduct a periodic review of dumping and dumping margins on the anti-dumping measures applicable to imported stainless steel billets and stainless steel hot-rolled plates/coils produced by Indonesia Guangqing Nickel Co., Ltd. . On November 18, 2021, at the request of Indonesia Guangqing Nickel Co., Ltd., the Ministry of Commerce issued Announcement No. 38 of 2021, terminating the review investigation during the period.
On January 29, 2021, the Ministry of Commerce issued Announcement No. 3 of 2021. According to the announcement, after the end of the Brexit transition period on December 31, 2020, the trade remedy measures previously implemented against the EU will continue to apply to the EU and the UK, and the implementation period will remain unchanged; new trade remedy investigations launched by the EU after this date will and review cases, no longer treating the UK as an EU member state.
On November 9, 2023, the Ministry of Commerce issued Announcement No. 46 of 2023, deciding to re-investigate the original anti-dumping case and implement the "China-Anti-dumping Measures against Stainless Steel Products Originating in Japan" dispute case by the World Trade Organization Dispute Settlement Body Rulings and Recommendations of the Panel Report. On May 8, 2024, the Ministry of Commerce issued Announcement No. 19 of 2024, ruling that anti-dumping measures will continue to be implemented in accordance with Announcement No. 31 of 2019 of the Ministry of Commerce.
On April 15, 2024, the Ministry of Commerce received applications for end-of-term review of anti-dumping measures submitted by Shanxi Taigang Stainless Steel Co., Ltd., Shandong Taigang Xinhai Stainless Steel Co., Ltd. and Baosteel Desheng Stainless Steel Co., Ltd. on behalf of the Chinese stainless steel industry. The applicant applied to include the United Kingdom into the scope of the countries (regions) investigated in this review. The applicant claims that if the anti-dumping measures are terminated, the dumping of imported stainless steel billets and stainless steel hot-rolled plates/coils originating from the EU, the United Kingdom, South Korea and Indonesia to China may continue or reoccur, and the damage caused to China's domestic industry may continue or occur again. It happened again, requesting the Ministry of Commerce to conduct an end-of-term review investigation on imported stainless steel billets and stainless steel hot-rolled plates/coils originating in the EU, the United Kingdom, South Korea, and Indonesia, and maintaining the review of imported stainless steel originating in the EU, the United Kingdom, South Korea, and Indonesia. Anti-dumping measures on steel billets and stainless steel hot-rolled plates/coils. Guangxi Beigang New Materials Co., Ltd., Guangxi Beigang Metal Pressed Steel Co., Ltd., Anshan Iron and Steel Lianzhong (Guangzhou) Stainless Steel Co., Ltd. and Gansu Jiugang Group Hongxing Steel Co., Ltd. Stainless Steel Branch support applications. The applicant has not filed an application for expiry review of the anti-dumping measures applicable to imported stainless steel billets and stainless steel hot-rolled plates/coils originating in Japan.
According to the relevant provisions of the "Anti-dumping Regulations of the People's Republic of China", the Ministry of Commerce determines the applicant's qualifications, the situation of the products under investigation and similar Chinese products, the import situation of the products under investigation during the implementation of anti-dumping measures, the possibility of dumping continuing or reoccurring, the continuation or recurrence of damage, or The possibility of recurrence and relevant evidence were reviewed. Existing evidence shows that the applicant complies with the provisions on industry and industrial representation in Articles 11, 13 and 17 of the Anti-dumping Regulations of the People's Republic of China and is qualified to represent China's stainless steel billets and stainless steel hot-rolled plates/ Volume Industry filed an application. The investigating agency believes that the applicant’s claims and the prima facie evidence submitted meet the requirements for filing a final review case.
According to Article 48 of the Anti-dumping Regulations of the People's Republic of China, the Ministry of Commerce has decided to impose restrictions on imported stainless steel billets and stainless steel hot-rolled plates/coils originating in the EU, the United Kingdom, South Korea and Indonesia starting from July 23, 2024. Applicable anti-dumping measures will be subject to end-of-term review investigations. The relevant matters are now announced as follows:
- Continue to implement anti-dumping measures
According to the recommendations of the Ministry of Commerce, the Tariff Commission of the State Council decided that during the period of anti-dumping measures expiry review investigation, imported stainless steel billets and stainless steel hot-rolled plates/coils originating in the EU, the United Kingdom, South Korea and Indonesia will continue to be subject to the Ministry of Commerce Announcement No. 2019. Anti-dumping duties are levied on the scope and tax rate of taxed products announced on the 31st. The price commitments for stainless steel billets and stainless steel hot-rolled plates/coils originating from POSCO Co., Ltd. will continue to be implemented in accordance with the Ministry of Commerce Announcement No. 31 of 2019. Starting from July 23, 2024, the anti-dumping measures applicable to imported stainless steel billets and stainless steel hot-rolled plates/coils originating in Japan will expire.
The anti-dumping duty rates levied on each company are as follows:
EU companies:
All EU companies 43.0%
British company:
All UK companies 43.0%
Korean companies:
- POSCO Co., Ltd. 23.1%
(POSCO)
- Other Korean companies 103.1%
Indonesian company:
All Indonesian companies 20.2%
During the implementation period of POSCO Co., Ltd.’s price commitment, no anti-dumping duties will be levied on the products under investigation produced by the company and exported to China at a price no less than the promised price; in the event of a violation of the price commitment or other termination of the price commitment, the company’s anti-dumping duties will apply Anti-dumping duties are levied at tax rates.
- Review and investigation period
The dumping investigation period for this review is from January 1, 2023 to December 31, 2023, and the industrial injury investigation period is from January 1, 2019 to December 31, 2023.
- Review and survey product scope
The scope of products under review is the products to which the original anti-dumping measures are applicable, which is consistent with the scope of products to which the anti-dumping measures are applicable in the Ministry of Commerce Announcement No. 31 of 2019. The details are as follows:
Chinese name: Stainless steel billets and stainless steel hot rolled plates/coils.
English name: Stainless Steel Billet and Hot-rolled Stainless Steel Plate (Coil).
Product description: Stainless steel billets and stainless steel hot-rolled plates/coils refer to alloy steel, other than cold-rolled, with a carbon content of 1.2% or less and a chromium content of 10.5% or more by weight, regardless of whether it contains other elements. Stainless steel billets are of rectangular (except square) cross-section, or other stainless steel semi-finished products. Stainless steel hot-rolled plates/coils are made from stainless steel billets after hot rolling and other processes. They are in roll or plate shape, regardless of width and thickness.
Main uses: There are usually two uses. One is as a raw material for cold-rolled stainless steel, which is made into cold-rolled stainless steel products after cold rolling process; the other is for direct sales as a final product, mainly used in ships, containers, and railways. , electric power, petroleum, petrochemical and other industries.
This product is now included in the "Import and Export Tariffs of the People's Republic of China": 72189100, 72189900, 72191100, 72191210, 72191290, 72191312, 72191319, 72191322, 72191329, 72191412, 72191419, 7219142 2. 72191429, 72192100, 72192200, 72192300, 72192410, 72192420, 72192430, 72201100, 72201200. According to the 2021 "Import and Export Tariffs of the People's Republic of China", the tariff number 72191200 involved in the Ministry of Commerce Announcement No. 31 of 2019 has been adjusted to 72191210 and 72191290.
- Review content
The content of this review investigation is: if the anti-dumping measures against imported stainless steel billets and stainless steel hot-rolled plates/coils originating in the EU, the United Kingdom, South Korea and Indonesia are terminated, whether dumping and damage may continue or reoccur.
- Register to participate in the survey
Interested parties may register with the Trade Remedy and Investigation Bureau of the Ministry of Commerce to participate in this anti-dumping final review investigation within 20 days from the date of this announcement. Interested parties participating in the investigation should provide basic identity information, the quantity and amount of the products under investigation exported or imported to China, the quantity and amount of similar products produced and sold, and related information according to the "Reference Format for Registration to Participate in the Investigation". . The "Reference Format for Registration to Participate in Investigations" can be downloaded from the Trade Remedy and Investigation Bureau sub-site of the Ministry of Commerce website.
Interested parties registering to participate in this anti-dumping investigation should submit an electronic version through the "Trade Remedy Investigation Information Platform" (https://etrb.mofcom.gov.cn) and submit a written version at the same time according to the requirements of the Ministry of Commerce. The content of the electronic version and the written version should be the same and the format should be consistent.
The “stakeholders” mentioned in this announcement refer to the individuals and organizations specified in Article 19 of the Anti-dumping Regulations of the People's Republic of China.
- Check public information
Interested parties can download from the Trade Remedy Investigation Bureau sub-website of the Ministry of Commerce website or go to the Trade Remedy Public Information Inspection Room of the Ministry of Commerce (Tel: 0086-10-65197856) to search, read, transcribe and copy the application submitted by the applicant in this case. Confidential text. During the investigation process, interested parties can check the case public information through relevant websites, or go to the Trade Remedy Public Information Review Room of the Ministry of Commerce to search, read, transcribe and copy the case public information.
- Comments on the filing of the case
If interested parties need to comment on the product scope and applicant qualifications of this investigation, the countries (regions) under investigation and other related issues, they can submit written opinions to the Ministry of Commerce’s trade remedy investigation within 20 days from the date of this announcement. bureau.
- Investigation methods
According to Article 20 of the Anti-dumping Regulations of the People's Republic of China, the Ministry of Commerce may use questionnaires, sampling, hearings, on-site inspections and other methods to learn about the situation from relevant stakeholders and conduct investigations.
In order to obtain the information required for the investigation of this case, the Ministry of Commerce usually issues questionnaires to interested parties within 10 working days from the deadline for registration to participate in the investigation stipulated in this announcement. Interested parties can download the questionnaire from the Trade Remedy and Investigation Bureau sub-website of the Ministry of Commerce website.
Stakeholders should submit complete and accurate answers within the specified time, which should include all the information required by the questionnaire.
- Submission and processing of information
When interested parties submit comments, answer sheets, etc. during the investigation process, they should submit electronic versions through the "Trade Remedy Investigation Information Platform" (https://etrb.mofcom.gov.cn) and submit them at the same time in accordance with the requirements of the Ministry of Commerce. Written version. The content of the electronic version and the written version should be the same and the format should be consistent.
If the information submitted by the interested parties to the Ministry of Commerce needs to be kept confidential, they may request the Ministry of Commerce to keep the relevant information confidential and explain the reasons. If the Ministry of Commerce agrees to its request, the interested party applying for confidentiality should also provide a non-confidential summary of the confidential information. The non-confidential summary should contain sufficient meaningful information to enable other interested parties to reasonably understand the confidential information. If a non-confidential summary cannot be provided, the reasons should be stated. If the information submitted by the interested party does not indicate the need to keep it confidential, the Ministry of Commerce will treat the information as public information.
- Consequences of non-cooperation
According to Article 21 of the Anti-dumping Regulations of the People's Republic of China, when the Ministry of Commerce conducts an investigation, interested parties should truthfully report the situation and provide relevant information. If an interested party fails to truthfully report the situation or provide relevant information, or fails to provide necessary information within a reasonable time, or otherwise seriously hinders the investigation, the Ministry of Commerce may make a ruling based on the facts that have been obtained and the best information available. .
- Investigation period
This investigation will start on July 23, 2024, and should end before July 23, 2025 (excluding today).