Ministry Of Commerce: Anti-dumping Investigation On Imported Stainless Steel Products From Europe, Japan, South Korea .etc

- Jul 24, 2018 -

The Chinese Ministry of Commerce announced on the 23rd that it will conduct an anti-dumping investigation on imported Stainless Steel Billet and Hot-rolled Stainless Steel Plate (Coil) originating in the European Union, Japan, South Korea and Indonesia.

 

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The Ministry of Commerce received an application from China's domestic industry on June 22, 2018. After investigation, the Ministry of Commerce considered that the total output of applicants and supporting applicants in 2014, 2015, 2016 and 2017 accounted for more than 50% of the total output of similar products in China during the same period. In line with relevant regulations, it was decided to launch anti-dumping cases survey.

 

The survey is conducted for one year and can be extended to one and a half years under special conditions.

 

Stainless steel billets and stainless steel hot rolled sheets(Coil) are usually used in two areas, either as raw material of cold rolled stainless steel or as a final product. It is mainly in the industries of marine, container, railway, electric power, petroleum, petrochemical and so on.

 

According to official data in 2017, the amount of imported Stainless Steel Billet and Hot-rolled Stainless Steel Plate (Coil) is more than 703,000 tons, of which 869,000 tons were imported from the EU, Japan, South Korea and Indonesia, accounting for 98% of the total imports of the products under investigation. The amount is close to three times that of 2016.


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