On July 22, 2019, the Ministry of Commerce issued a final ruling, which finally ruled that imported stainless steel billets and stainless steel hot-rolled sheets / coils originating in the EU, Japan, South Korea, and Indonesia were dumped. The domestic industry was substantially damaged, and the dumping was There is a causal relationship between the actual damage.
According to Article 38 of the "Anti-dumping Regulations", the Ministry of Commerce proposed to the State Council Customs Tariff Commission to levy anti-dumping duties. The State Council Customs Tariff Commission made a decision based on the Ministry of Commerce ’s recommendations. Anti-dumping duties are imposed on imported stainless steel billets and hot-rolled stainless steel sheets / coils in the European Union, Japan, South Korea and Indonesia.
Name of the product under investigation: stainless steel billet and stainless steel hot-rolled sheet / coil.
The investigating authority accepted the price commitment (Annex 2) proposed by POSCO Co., Ltd., which was effective at the same time as this final decision. During the execution of the price commitment, the company ’s products under investigation are exported to China at a price not lower than the promised price. No anti-dumping tax is imposed; if there is a violation of the price commitment or other termination of the price commitment, the anti-dumping tax rate determined by the final ruling Levy anti-dumping duties.
From July 23, 2019, import operators shall pay to the Customs of the People's Republic of China when importing stainless steel billets and stainless steel hot-rolled sheets / rolls originating in the EU, Japan, Korean companies that have not accepted price commitments, and Indonesia Corresponding anti-dumping duties.
Among them, the rate of anti-dumping tax imposed on EU companies is 43.0%, the rate on Japanese companies ranges from 18.1% to 29.0%, the rate on Korean companies ranges from 23.1% to 103.1%, and the rate for Indonesian companies is 20.2%.
In addition, the Ministry of Commerce accepted applications for price commitments from related companies in South Korea and did not levy anti-dumping duties on related products that are not lower than the promised price.
After the case was filed, the Ministry of Commerce conducted investigations in strict accordance with relevant Chinese laws and regulations and WTO rules. On the basis of the preliminary investigation, the affirmative preliminary ruling of the case was announced on March 22, 2019. The final decision.
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