Thursday, January 22, 2015

Canada's double anti measures for China’s L360 line pipe wire

Canada adopts double anti measures for China’s L360 line pipe wire
According to the rules of WTO, in the same case, the trial zero tax rate enterprise should not be included in the review procedure. However, the Indonesia has modified their anti-dumping regulations related content in 2013, and in the World Trade Organization on anti-dumping tax for 5 years term is not full, in April 4, 2012 on the originating China 20# seamless steel pipe anti-dumping sunset review investigation, and was incorporated into the scope of WISCO sunset review. In May 9, 2013, the Indonesia on the case to make the final disclosure, the Wuhan Iron and steel anti-dumping tax rate increased from 0% to 16.32% 2008 finally. Wugang positive reply, reverse two months ago Indonesia disclosure of the final results, and ultimately ruled as a zero tax rate.
In May 9th, Canada Border Services Agency announced preliminary investigation results on China galvanized steel wire anti-dumping and anti subsidy, identified Chinese wire rod market (including galvanized steel wire) the existence of non market economic situation. Accordingly, the Canadian government ruled Chinese enterprises dumping margin is 45.1%-64.8% respectively, the subsidy rate respectively is 15%. This case is the first trade remedy investigation in this year for Canada, involving a value of about $10000000. The plus side is planned for May 13th to 27 day China field verification of the enterprises responding to the action, and to make the final dumping and subsidies in May 9th. At the same time, Canada also levy provisional anti-dumping tax for the galvanized steel wire imported from the Israel and Spain, Israel of 14.5%-64.8%, Spain of 10.5%-64.8%.

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