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|China to Impose AD on SUS Made by Japan, S. Korea and Indonesia, etc.|
|= 29% on Japan, 103.1% on South Korea, 43% on Europe and 20.2% on Indonesia =|
The Ministry of Commerce of China started last July to investigate imposition of anti-dumping duty (AD) on stainless steel half-finished products (hot-rolled, billet) made by Japan, South Korea, Europe and Indonesia on suspicion of dumping, and announced its preliminary decision on this matter on March 22 this year.|
According to this announcement, the duty rates are 18.1% on Nippon Yakin Kogyo Co., Ltd., 29.0% on other producers in Japan, 23.1% on POSCO, South Korea, 103.1% on other producers in South Korea, 43.0% on the producers in Europe and 20.2% on the producers in Indonesia.
HS codes (customs in China) for intended products are such 20 items as 72189100, 72189900, 72191100, 72191200, 72191312, 72191319, 72191322, 72191329, 72191412, 72191419, 72191422, 72191429, 72192100, 72192200, 72192300, 72192410, 72192420, 72192430, 72201100 and 72201200, and AD duty will be applied to the imports from March 23 onward.
The Ministry of Commerce has asked the respective parties dissatisfied with the ruling to submit the opinions in writing to the investigative agency within 10 days of the announcement date.
|last modified : Fri 29 Mar, 2019 [10:21]|