Iron and steel enterprises in China from the U.S. "double reverse" investigation
Steel charges in China from the U.S. "double reverse" review, trade items of 20 billion oil pipe blocked.
April 16, China Steel Structure Association, the Secretary-General took air journey to a agency pipe Huangshi, Hubei Province, escorted by Tianjin Pipe Group's older leadership. They have, Baosteel, Panzhihua Iron and Steel, Anshan Iron and Steel and numerous other enterprise bosses furthermore have come to the Yellowstone.
The reason of their journey is a total enterprise of assesses to deal with the United States the "double reverse" lawsuit.
April 8, seven U.S. oil pipe constructing enterprises iron alloy employees amalgamation and the United States on China's trade items to the United States oil pipe (OCTG) to the U.S. Department of Commerce and U.S. International Trade Commission (ITC) against "anti-dumping" and "countervailing" litigation. Proceedings up to the allowance of 2.7 billion U.S. dollars. This reporter has wise that the U.S. International Trade Commission on April 8 in the day, directly commenced a "double reverse" review, the bureau has set up a 6-member group, encompassing bosses, economists, accounting and so on.
If the file successfully, it will be the United States since 2006, launched the first of China's 14 "double-anti-" The survey, which is "Obama" after the Government first took office in mainland China for the "double reverse" complaints.
Emergency response
"This clearly is trade protection." Kong ling-ming said, "We are ready to organize enterprises to actively responding to the current form of the enterprises are, will be turned over to the Ministry of Commerce recently."
April 17 Xinye in Hubei Iron and Steel Group at the "Encounter" by the China Iron and Steel Industry Association, and participants with the case is one of 14 representatives of the Chinese iron and steel enterprises.
Despite encompassing Baosteel, Anshan Iron and Steel, Panzhihua Steel and Tianjin Pipe Group and other representatives of large iron alloy enterprises, but in detail, with the "double reverse" case of the enterprises engaged in metal and iron alloy enterprises to little and medium-sized exporters. "To the participants to talk about assesses the dimensions of 14 enterprises are somewhat large, in the United States trade items a large amount of business. The case engages the detail Chinese enterprises come to 212 metal and iron alloy enterprises." Import and trade items of China Steel Industry Association of one who disclosed to reporters.
Ministry of Commerce of China also attaches great importance to initiate an investigation in the United States after the first time the Ministry of Commerce issued a response to the incident. "First quarter of this year, China's iron and steel products exports relatively large drop in rate of export volume down 55%, iron and steel enterprises have encountered more difficulties. In this context, the U.S. industry complaints appeal, it should be said out of date. "YAO Jian, spokesman of the Ministry of Commerce said," We will continue to pay attention to 'dual' of the progress of the case and take appropriate action in response. "
Baoshan Iron and Steel Group of the Ministry of Justice said they had accepted the U.S. government conveyed the questionnaire.
It is stated that, ITC will be May 26 before the end of the introductory examination and on June 2 advertised the effects of the introductory investigation.
Regret and anxiety
"For the United States' dual 'investigation, we have conveyed lament, but furthermore were under immense force, which will undoubtedly be supplementing enterprises." Tianjin Pipe Group Marketing liu jian said.
China's steel exports to the United States is the main varieties of steel. 2008, China's oil product pipe exports to the United States has reached about 3.2 billion U.S. dollars, equivalent to more than 200 billion yuan. And steel exports to the United States, more than half of all steel products. U.S. companies that the average dumping margins as high as 80.72%. Reporter from the China Iron and Steel Association's website that the U.S. steel market demand of about five million tons, China's steel mills accounted for about 2.2 million tons, valued at an estimated 2.7 billion U.S. dollars.
However, in liu jian, the United States against Chinese hard metal enterprises enterprises the "double reverse" the grievance because the United States goods produced of oil pipe yield to look after their in the household market "under the pretext of" it. According to him, the subject of hard metal deals from China is that the alive of ranking and deliverance lag interval, often when the market demand of the wares set to in a small number months after that, then the market has dropped.
"The U.S. iron alloy commerce in the economic urgent position, the U.S. oil and gas drilling undertaking has been in the doldrums, the U.S. iron alloy output enterprises a large deal of inventory, considerably decreased the demand, which makes many of the U.S. iron alloy commerce faces difficulties." Kong ling ming notified reporters said that the United States over the past 9 months a large number of trades from China have become the new oil pipe supply, which is the United States iron alloy businesses filed the direct origin of complaint.
In detail, since the second half of 2008 the worldwide financial position to worsen, metal and iron alloy trade items to China has shown a fast decline. Customs facts and numbers display that in January 2009, China exported 1.91 million tons of iron alloy, a record 35 months since the reduced capacity of China's iron alloy trade items, dropped more than 50.
China Iron and Steel Association said previous that the applicable persons, "China's iron alloy trade items this year, very grave situation." Decline in international iron alloy demand as well as the cost of RMB admiration on China's iron alloy trade items to boost the influence of the great. Some enterprises trade items to none for some months.
Well-known experts in the iron and steel xu xiang chun said that, once lost in China, China's steel will be to impose high anti-dumping duties, the price advantage will cease to exist, that basically means that the Chinese steel market will have to withdraw from the United States.
"20 billion yuan iron alloy trade items impeded, it can be said is a large-scale scale." Kong lin ming said with emotion.
The "double reverse" Obama is the investigation since he took office, the U.S. government launched China's first "double reverse" survey. "The rapid start, shows that the Democratic Party after the ruling hard-line trade policy." I do not want to be named, the long-term study of Sino-US trade relations expert, told reporters.
Prior to that, Obama has been the Government to other swapping partners, commenced the two "double reverse" enquiry, respectively, for Indonesia and China Taiwan retail piece of cloth bag, Argentina and South Korea's anti-nickel Pistons, while China's iron alloy commerce for the "double reverse" Obama has been enquiring the Government's third move. "This year's anti-dumping, countervailing the prosecution will be substantially expanded over preceding years." The professionals said.
Xu xiang chun believe that with the shrinking of the global steel market, will increase the number of similar problems. China must learn to use international trade regulations, protection of China's own interests. At present, private sector small and medium-sized oil pipe mostly decentralized production capacity, we must work together to form a response to the lawsuit. - 18418
April 16, China Steel Structure Association, the Secretary-General took air journey to a agency pipe Huangshi, Hubei Province, escorted by Tianjin Pipe Group's older leadership. They have, Baosteel, Panzhihua Iron and Steel, Anshan Iron and Steel and numerous other enterprise bosses furthermore have come to the Yellowstone.
The reason of their journey is a total enterprise of assesses to deal with the United States the "double reverse" lawsuit.
April 8, seven U.S. oil pipe constructing enterprises iron alloy employees amalgamation and the United States on China's trade items to the United States oil pipe (OCTG) to the U.S. Department of Commerce and U.S. International Trade Commission (ITC) against "anti-dumping" and "countervailing" litigation. Proceedings up to the allowance of 2.7 billion U.S. dollars. This reporter has wise that the U.S. International Trade Commission on April 8 in the day, directly commenced a "double reverse" review, the bureau has set up a 6-member group, encompassing bosses, economists, accounting and so on.
If the file successfully, it will be the United States since 2006, launched the first of China's 14 "double-anti-" The survey, which is "Obama" after the Government first took office in mainland China for the "double reverse" complaints.
Emergency response
"This clearly is trade protection." Kong ling-ming said, "We are ready to organize enterprises to actively responding to the current form of the enterprises are, will be turned over to the Ministry of Commerce recently."
April 17 Xinye in Hubei Iron and Steel Group at the "Encounter" by the China Iron and Steel Industry Association, and participants with the case is one of 14 representatives of the Chinese iron and steel enterprises.
Despite encompassing Baosteel, Anshan Iron and Steel, Panzhihua Steel and Tianjin Pipe Group and other representatives of large iron alloy enterprises, but in detail, with the "double reverse" case of the enterprises engaged in metal and iron alloy enterprises to little and medium-sized exporters. "To the participants to talk about assesses the dimensions of 14 enterprises are somewhat large, in the United States trade items a large amount of business. The case engages the detail Chinese enterprises come to 212 metal and iron alloy enterprises." Import and trade items of China Steel Industry Association of one who disclosed to reporters.
Ministry of Commerce of China also attaches great importance to initiate an investigation in the United States after the first time the Ministry of Commerce issued a response to the incident. "First quarter of this year, China's iron and steel products exports relatively large drop in rate of export volume down 55%, iron and steel enterprises have encountered more difficulties. In this context, the U.S. industry complaints appeal, it should be said out of date. "YAO Jian, spokesman of the Ministry of Commerce said," We will continue to pay attention to 'dual' of the progress of the case and take appropriate action in response. "
Baoshan Iron and Steel Group of the Ministry of Justice said they had accepted the U.S. government conveyed the questionnaire.
It is stated that, ITC will be May 26 before the end of the introductory examination and on June 2 advertised the effects of the introductory investigation.
Regret and anxiety
"For the United States' dual 'investigation, we have conveyed lament, but furthermore were under immense force, which will undoubtedly be supplementing enterprises." Tianjin Pipe Group Marketing liu jian said.
China's steel exports to the United States is the main varieties of steel. 2008, China's oil product pipe exports to the United States has reached about 3.2 billion U.S. dollars, equivalent to more than 200 billion yuan. And steel exports to the United States, more than half of all steel products. U.S. companies that the average dumping margins as high as 80.72%. Reporter from the China Iron and Steel Association's website that the U.S. steel market demand of about five million tons, China's steel mills accounted for about 2.2 million tons, valued at an estimated 2.7 billion U.S. dollars.
However, in liu jian, the United States against Chinese hard metal enterprises enterprises the "double reverse" the grievance because the United States goods produced of oil pipe yield to look after their in the household market "under the pretext of" it. According to him, the subject of hard metal deals from China is that the alive of ranking and deliverance lag interval, often when the market demand of the wares set to in a small number months after that, then the market has dropped.
"The U.S. iron alloy commerce in the economic urgent position, the U.S. oil and gas drilling undertaking has been in the doldrums, the U.S. iron alloy output enterprises a large deal of inventory, considerably decreased the demand, which makes many of the U.S. iron alloy commerce faces difficulties." Kong ling ming notified reporters said that the United States over the past 9 months a large number of trades from China have become the new oil pipe supply, which is the United States iron alloy businesses filed the direct origin of complaint.
In detail, since the second half of 2008 the worldwide financial position to worsen, metal and iron alloy trade items to China has shown a fast decline. Customs facts and numbers display that in January 2009, China exported 1.91 million tons of iron alloy, a record 35 months since the reduced capacity of China's iron alloy trade items, dropped more than 50.
China Iron and Steel Association said previous that the applicable persons, "China's iron alloy trade items this year, very grave situation." Decline in international iron alloy demand as well as the cost of RMB admiration on China's iron alloy trade items to boost the influence of the great. Some enterprises trade items to none for some months.
Well-known experts in the iron and steel xu xiang chun said that, once lost in China, China's steel will be to impose high anti-dumping duties, the price advantage will cease to exist, that basically means that the Chinese steel market will have to withdraw from the United States.
"20 billion yuan iron alloy trade items impeded, it can be said is a large-scale scale." Kong lin ming said with emotion.
The "double reverse" Obama is the investigation since he took office, the U.S. government launched China's first "double reverse" survey. "The rapid start, shows that the Democratic Party after the ruling hard-line trade policy." I do not want to be named, the long-term study of Sino-US trade relations expert, told reporters.
Prior to that, Obama has been the Government to other swapping partners, commenced the two "double reverse" enquiry, respectively, for Indonesia and China Taiwan retail piece of cloth bag, Argentina and South Korea's anti-nickel Pistons, while China's iron alloy commerce for the "double reverse" Obama has been enquiring the Government's third move. "This year's anti-dumping, countervailing the prosecution will be substantially expanded over preceding years." The professionals said.
Xu xiang chun believe that with the shrinking of the global steel market, will increase the number of similar problems. China must learn to use international trade regulations, protection of China's own interests. At present, private sector small and medium-sized oil pipe mostly decentralized production capacity, we must work together to form a response to the lawsuit. - 18418
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