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Home > News > Industry Activities > Ministry of Commerce of the People's Republic of China Public Announcement No.40

Ministry of Commerce of the People's Republic of China Public Announcement No.40

By ChinaFastener Magazine , 2010-06-30 12:00:00

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In accordance with Anti-dumping Regulations of the People's Republic of China, Ministry of Commerce (hereinafter referred as investigatory apparatus ) made the public announcement on December 29, 2008, deciding to carry out the anti-dumping investigation on the imported carbon-steel fasteners native to European Union (hereinafter referred as the Product under Consideration). The Products under Consideration are following the rules in Customs Tariff of Import &Export Commodities of PRC such as 73181200, 73181400, 73181500, 73182100 and 73182200.

 

The investigatory apparatus carried out the investigation on the Products under Consideration on “dumping existence”, “dumping margin”, “whether the Products under Consideration has done damage to the carbon-steel fastener industry in China” and “whether there is causal relationship between dumping and injury”. Based on the investigation findings and the Clause 24 in Anti-dumping Regulations of the People's Republic of China, the investigator apparatus made the preliminary ruling, announcing that dumping is existed in the imported carbon-steel fasteners native to European Union, which caused material injury to the domestic industry in China, and the causal relationship is existed between dumping and the material injury.

 

After the preliminary ruling, the investigatory apparatus made further investigation on dumping, dumping margin, injury, and extent of damage. At present, the investigation has been concluded. Based on the investigation results, and according to the Clause 25 in Anti-dumping Regulations of the People's Republic of China, the investigatory apparatus has made the final adjudication decision (see Attachment), and the relevant announcement is notified as follows:

 

I. Final verdict
After the investigation, the final decision from the authority in this case is that during the investigation period, dumping exists in the originating in the Eu imports of carbon steel fasteners and has caused substantial injury to the carbon steel fastener industry of Mainland China, and the dumping and damage causal relationship between.

 

II. Imposition of anti-dumping duties
According to the investigation results and the relevant provision of the 'The People's Republic of China anti-dumping', the Ministry of Commerce has proposed the suggestion of imposing anti-dumping duties to the Customs tariff Commission of the State Council. The Commission will impose anti-dumping duties on the originating in the Eu imports of carbon steel fasteners from June 29th,2010 according to the suggestion.

 

The products being imposed anti-dumping duties in this case shall be classified under these tariff codes: 73181200,73181400,73181500,73182100 and 73182200. The above tariff codes can only be used for the reference of those being investigated import products. Details as follows:

 

Name of the investigated products: Certain Iron or Steel Fasteners

 

Field of investigations: originating in the Eu imports of carbon steel fasteners, including wood screw, self-tapping screw, screws and bolts (with or without nuts or washers, not including screws for fastening rails or screws and bolts rod diameter not exceeding 6 mm) and washers. In the meantime, the range of investigated products does not include nuts or fasteners for the maintenance and repair of the civil aircrafts.

 

Main application: Carbon steel fastener products is made of carbon steel, used to link machinery parts, application ranges include auto industries, electronics products, electronic equipments, machinery equipments, architecture and general industries etc.

 

Anti-dumping duties on companies are as follows:
1, (KAMAX-Werke Rudolf Kellermann GmbH & Co. KG) 6.1%
2, Other EU Companies                     26.0%

 

III. How to levy anti-dumping duties
Since June 29, 2010, importers are supposed to pay related anti-dumping duties to the People’s Republic of China while importing carbon steel fasteners which are manufactured in EU.  Anti-dumping duties are calculated from the DPV which was audited by Customs, using the formula: Anti-dumping duties=DPV from Customs* Anti-dumping duties’ rate. VAT on importing section is calculated from the price for tax assessment, which is formed by the summary of DPV audited by Customs, customs duties and anti-dumping duties.

 

IV. Retroactive application of anti-dumping duties
From 28 December 2009 to 28 June 2010, the security paid to customs of the people's republic of china by importer under Preliminary determination  become Anti-dumping duties under final decision imposed according to the range of anti-dumping products and the Anti-dumping duty rates, and imposed corresponding import value-added tax.
To the provisional anti-dumping measures implemented before the date of the originating in the carbon Steel fastener no longer are traced anti-dumping tariffs.

 

V.  The duration of anti-dumping duty imposed.
To the carbon steel fastener originated from European Union, imposed anti-dumping duties   since 29 June 2010 in five years.

 

VI. Review
During the duration of anti-dumping duty imposed, relevant parties can make written application for review according to "Regulations of the people's republic of china on anti-dumping".

 

VII. Administrative reconsiderations and administrative proceedings
The relevant parties can apply administrative proceedings under the provisions of article 53 "Regulations of the people's republic of china on anti-dumping" or commence a lawsuit in the people's court.

 

VIII. The announcement is executed since 29 June 2010 

 

Ministry of Commerce of People's Republic of China
June 28, 2010

 

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