On July 22, 2019, the Ministry of Commerce issued a final ruling, which finally ruled that imported stainless steel billets and stainless steel hot-rolled sheets/rolls originating in the EU, Japan, South Korea and Indonesia were dumped, and the domestic industry was substantially damaged and dumped. There is a causal relationship between substantial damage. Since July 23, 2019, it has decided to impose anti-dumping duties on imported stainless steel billets and stainless steel hot-rolled sheets/volumes originating in the European Union, Japan, South Korea and Indonesia. The tax rate ranges from 18.1% to 103.1%, and the collection period is 5. year. In addition, the Ministry of Commerce accepts the price commitment application of relevant Korean companies, and does not impose anti-dumping duties on related products that are not lower than the promised price.
In response to the domestic stainless steel billet and stainless steel hot-rolled sheet/roll industry application, the Ministry of Commerce issued a notice on July 23, 2018, which decided to launch imported stainless steel billets and stainless steel hot-rolled sheets/rolls originating in the EU, Japan, Korea and Indonesia. Anti-dumping investigation. After the case was filed, the Ministry of Commerce conducted an investigation in strict accordance with relevant Chinese laws and regulations and relevant WTO rules. On the basis of the preliminary investigation, the affirmative preliminary ruling of the case was announced on March 22, 2019, and after further investigation, the above was madethe final ruling. (source from the Ministry of Commerce)
