Anti-dumping Measures Initiated for Final Review Investigation on Imported Stainless Steel Billets and Hot-rolled Stainless Steel Plates/Coils from the EU, the UK, South Korea, and Indonesia by the Ministry of Commerce

 

Ministry of Commerce Initiates Final Review Investigation on Anti-Dumping Measures

On July 22, 2019, the Ministry of Commerce issued the 31st Announcement of 2019, deciding to impose anti-dumping duties on imported stainless steel billets and hot-rolled stainless steel plates/coils originating from the EU, Japan, South Korea, and Indonesia starting from July 23, 2019, and accepted the price undertaking proposed by POSCO. The anti-dumping duty rates are as follows: EU companies 43.0%, Japanese companies 18.1%-29.0%, South Korean companies 23.1%-103.1%, Indonesian companies 20.2%. The implementation period for the anti-dumping duties and price undertaking is 5 years.

On November 20, 2020, the Ministry of Commerce issued the 55th Announcement of 2020, deciding to conduct a review of the dumping and dumping margin period for the anti-dumping measures applicable to the imported stainless steel billets and hot-rolled stainless steel plates/coils produced by Guangqing Nickel Industry Co., Ltd. of Indonesia. On November 18, 2021, at the request of Guangqing Nickel Industry Co., Ltd. of Indonesia, the Ministry of Commerce issued the 38th Announcement of 2021, terminating the review investigation of that period.

On January 29, 2021, the Ministry of Commerce issued the 3rd Announcement of 2021. According to the announcement, after the end of the Brexit transition period on December 31, 2020, the trade relief measures previously implemented on the EU will continue to apply to both the EU and the UK, with the implementation period unchanged; for new trade relief investigations and review cases initiated against the EU after that date, the UK will no longer be treated as a member state of the EU.

On November 9, 2023, the Ministry of Commerce issued the 46th Announcement of 2023, deciding to re-investigate the original anti-dumping case and implement the findings and recommendations of the expert group report on the dispute case of "China - Anti-Dumping Measures on Stainless Steel Products from Japan" by the World Trade Organization's dispute resolution body. On May 8, 2024, the Ministry of Commerce issued the 19th Announcement of 2024, ruling to continue the implementation of anti-dumping measures in accordance with the 31st Announcement of the Ministry of Commerce in 2019.

On April 15, 2024, the Ministry of Commerce received the final review application for anti-dumping measures submitted by Taigang Stainless Steel Co., Ltd. of Shanxi, Taigang Xinhai Stainless Steel Co., Ltd. of Shandong, and Baosteel Desheng Stainless Steel Co., Ltd. on behalf of the Chinese stainless steel industry. The applicants requested to include the UK in the scope of the countries (regions) under investigation in this review. The applicants argued that if the anti-dumping measures are terminated, the dumping of imported stainless steel billets and hot-rolled stainless steel plates/coils from the EU, the UK, South Korea, and Indonesia to China may continue or recur, and the damage to the Chinese domestic industry may continue or recur, and requested the Ministry of Commerce to conduct a final review investigation on the imported stainless steel billets and hot-rolled stainless steel plates/coils from the EU, the UK, South Korea, and Indonesia, and to maintain the anti-dumping measures implemented on the imported stainless steel billets and hot-rolled stainless steel plates/coils from the EU, the UK, South Korea, and Indonesia. The application was supported by Guangxi Beibu Gulf New Material Co., Ltd., Guangxi Beibu Gulf Metal Co., Ltd., Ansteel LianZhong (Guangzhou) Stainless Steel Co., Ltd., and the Stainless Steel Branch of Jiu Steel Group Hongxing Iron and Steel Co., Ltd. The applicants did not file a final review application for the anti-dumping measures applicable to the imported stainless steel billets and hot-rolled stainless steel plates/coils from Japan.

According to the relevant provisions of the Anti-Dumping Regulations of the People's Republic of China, the Ministry of Commerce has reviewed the qualifications of the applicants, the relevant situation of the products under investigation and the same kind of domestic products, the import situation of the products under investigation during the implementation period of the anti-dumping measures, the possibility of the continuation or recurrence of dumping, the possibility of the continuation or recurrence of damage, and other relevant evidence. The existing evidence shows that the applicants meet the provisions of Articles 11, 13, and 17 of the Anti-Dumping Regulations of the People's Republic of China regarding the industry and its representativeness, and are qualified to make the application on behalf of the Chinese stainless steel billet and hot-rolled stainless steel plate/coiling industry. The investigation authority believes that the assertions of the applicants and the prima facie evidence submitted meet the requirements for filing a final review.

According to Article 48 of the Anti-Dumping Regulations of the People's Republic of China, the Ministry of Commerce decided to start the final review investigation on the anti-dumping measures applicable to the imported stainless steel billets and hot-rolled stainless steel plates/coils originating from the EU, the UK, South Korea, and Indonesia from July 23, 2024. The relevant matters are hereby announced as follows:

Note: For more information, please refer to the official announcements by the Ministry of Commerce.


Americ Energy (CHINA) Co., Ltd.

A prominent manufacturer and distributor of a comprehensive range of stainless steel products.

Contact us through:

Website: https://www.metal-ae.com/www.metal-ae.com

Email: ae@americenergy.com

Phone: 13521210668

WhatsApp: 13521210668

Address: No.298 Fengwei Road, Xishan Development Zone, Wuxi City, Jiangsu Province, China

Ministry of Commerce Anti-dumping Investigation on Stainless Steel from the EU, UK, South Korea, and Indonesia

 

Anti-dumping Investigation on Stainless Steel from the EU, UK, South Korea, and Indonesia

The Ministry of Commerce has issued a notice, deciding to conduct a review of the anti-dumping measures applicable to imported stainless steel billets and hot-rolled stainless steel plates/coils originating from the European Union, the United Kingdom, South Korea, and Indonesia, starting from July 23, 2024. The announcement is as follows:

1. Continuation of Anti-dumping Measures

Upon the recommendation of the Ministry of Commerce, the Tariff Commission of the State Council has decided that during the review of the anti-dumping measures, the imported stainless steel billets and hot-rolled stainless steel plates/coils from the European Union, the United Kingdom, South Korea, and Indonesia will continue to be taxed according to the scope and tax rates of the products announced in the Ministry of Commerce's announcement No. 31 of 2019. The stainless steel billets and hot-rolled stainless steel plates/coils from POSCO will continue to implement the price commitment according to the Ministry of Commerce's announcement No. 31 of 2019. From July 23, 2024, the anti-dumping measures applicable to the imported stainless steel billets and hot-rolled stainless steel plates/coils from Japan will be terminated.

Anti-dumping Tax Rates for Each Company

  • All EU companies: 43.0%
  • All UK companies: 43.0%
  • South Korean companies:
    • POSCO: 23.1%
    • Other South Korean companies: 103.1%
  • All Indonesian companies: 20.2%

During the implementation of the price commitment by POSCO, the products investigated by the company will not be subject to anti-dumping tax if exported to China at no less than the committed price; if there is a violation of the price commitment or other situations that terminate the price commitment, the anti-dumping tax rate of the company will be levied.

2. Review Investigation Period

The dumping investigation period of this review is from January 1, 2023, to December 31, 2023, and the industry damage investigation period is from January 1, 2019, to December 31, 2023.

3. Scope of Review Investigation Products

The scope of the review products is the same as the products applicable to the original anti-dumping measures, as announced in the Ministry of Commerce's announcement No. 31 of 2019. The specific details are as follows:

  • Chinese Name: Stainless Steel Billet and Hot-rolled Stainless Steel Plate (Coil).
  • English Name: Stainless Steel Billet and Hot-rolled Stainless Steel Plate (Coil).
  • Product Description: Stainless steel billets and hot-rolled stainless steel plates/coils refer to alloy steel with a carbon content of 1.2% or less by weight and a chromium content of 10.5% or more, regardless of whether other elements are present. Stainless steel billets have a rectangular (excluding square) cross-section or other semi-finished stainless steel products. Hot-rolled stainless steel plates/coils are made from stainless steel billets through hot rolling and other processes, and are available in coil or sheet form, regardless of width and thickness.
  • Main Uses: There are generally two uses. One is as raw material for cold-rolled stainless steel, which is processed through cold rolling to make cold-rolled stainless steel products; the other is as a final product sold directly, mainly used in ships, containers, railways, electricity, petroleum, petrochemical and other industries.

4. Content of Review

The content of this review investigation is whether the termination of the anti-dumping measures on imported stainless steel billets and hot-rolled stainless steel plates/coils from the European Union, the United Kingdom, South Korea, and Indonesia may lead to the continuation or recurrence of dumping and damage.

5. Registration for Investigation

Interested parties can register to participate in this anti-dumping review investigation within 20 days from the date of publication of this announcement to the Trade Remedy Investigation Bureau of the Ministry of Commerce. Participants in the investigation should provide basic identity information, the quantity and amount of the investigated products exported to or imported from 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 the Investigation" can be downloaded from the Trade Remedy Investigation Bureau's website of the Ministry of Commerce.

6. Review of Public Information

Interested parties can download or go to the Trade Remedy Public Information Reading Room of the Ministry of Commerce (phone: 0086-10-65197856) to find, read, copy, and photocopy the non-confidential text of the application submitted by the applicant. During the investigation, interested parties can query the public information of the case through the relevant website or go to the Trade Remedy Public Information Reading Room of the Ministry of Commerce to find, read, copy, and photocopy the public information of the case.

7. Comments on the Case

Interested parties who need to comment on the scope of the products, the qualifications of the applicants, the investigated countries (regions), and other related issues of this investigation can submit written opinions to the Trade Remedy Investigation Bureau of the Ministry of Commerce within 20 days from the date of publication of this announcement.

8. Investigation Method

According to Article 20 of the Anti-dumping Regulations of the People's Republic of China, the Ministry of Commerce can use questionnaires, sampling, hearings, on-site inspections, and other methods to understand the situation from relevant interested parties and conduct investigations. To obtain the necessary information for this case investigation, the Ministry of Commerce usually issues questionnaires to interested parties within 10 working days from the deadline for registration to participate in the investigation as stipulated in this announcement. Interested parties can download the questionnaire from the website of the Trade Remedy Investigation Bureau of the Ministry of Commerce. Interested parties should submit complete and accurate questionnaires within the specified time, which should include all the information required by the questionnaire.

9. Submission and Processing of Information

During the investigation process, interested parties should submit comments, questionnaires, etc., through the "Trade Remedy Investigation Information Platform" (https://etrb.mofcom.gov.cn) in electronic format, and submit the paper version at the same time according to the requirements of the Ministry of Commerce. The content of the electronic version and the paper version should be the same, and the format should be consistent. If the information submitted by the interested parties needs to be kept confidential, they can request the Ministry of Commerce to keep the relevant information confidential and explain the reasons. If the Ministry of Commerce agrees to their request, the interested parties 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 the interested parties cannot provide a non-confidential summary, they should explain the reasons. If the information submitted by the interested parties does not indicate the