Preface
On July 22, 2019, the Ministry of Commerce released the News No. 31 of 2019 on the last decision of anti-dumping of imported stainless-steel billets and also hot-rolled stainless-steel plates/ coils originating in the European Union, Japan, South Korea and also Indonesia.
The investigation authority ultimately ruled that the imports of stainless-steel billets as well as hot rolled stainless steel plates/ coils stemming from the European Union, Japan, South Korea and Indonesia went through discarding, and also the domestic stainless steel billet as well as warm rolled stainless steel plate/ coil sector endured significant damages, and there was a causal relationship between discarding and also product damage. Anti discarding steps will be executed for 5 years from July 23, 2019.
Update Information News
On December 10, 2020, it has actually been greater than a year given that the final anti-dumping choice was made versus Indonesian stainless steel. Over the past year, the pattern of stainless steel market is additionally going through wonderful adjustments. The resource focus of steel mills continues to improve, the industrial pattern of straight panel product and also bar cord is reshaped, as well as the total industrial chain of stainless steel is more deepened.
Nonetheless, just recently, the stainless steel industry market has actually listened to the information that "anti dumping of stainless steel in Indonesia may be liberalized", which is not the impact of RCEP.
According to the news, Indonesian stainless steel enterprises, with the Indonesian federal government, have actually put forward the appeal to the Ministry of foreign events of China to release the "anti-dumping of stainless steel".
According to relevant information, after the application of the anti-dumping steps, the dumping margin of the products under investigation produced by the company has actually changed significantly, as well as it has asked for to evaluate the relevant anti-dumping steps and also the disposing margin throughout the duration.
After obtaining the above application, the Ministry of Business notified the residential sector and transferred the general public version of the application for acting review.
The Ministry of Commerce examined the application in accordance with the regulation as well as discovered that it fulfilled the filing conditions. According to the laws of individuals's Republic of China on anti discarding as well as the policies for the review of discarding and unloading margin throughout the period, the Ministry of Commerce has actually made a decision to assess the anti-dumping procedures relevant to the imported products under investigation produced by Indonesia Guangqing Nickel Industry Co., Ltd. from November 20, 2020.
Hongwang is an excellent stainless steel enterprise. We produce high-quality stainless steel products. More news and information are available on the Wuxi Hongwang website.
Tag: stainless steel industry market, stainless steel enterprises
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2020-12-11
