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Many countries have stepped up their vigilance of Chinese steel imports of late, and so far in April, countries including Malaysia, Egypt, India and Mexico have all launched AD or safeguard probes on exports of China's finished steel, affecting both long and flat, carbon or stainless, Mysteel Global noted.
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Egypt has recently launched a safeguard investigation into imports of semi-finished products of iron or non-alloy steel, and steel rebar (bars, rods and coils) for construction purposes, China’s Ministry of Commerce (MoC) learnt from World Trade Organization.
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Anti-dumping duties Malaysia imposed earlier this month on hot-dip galvanized steel sheets and coils imported from China and Vietnam are expected to have limited impact on Chinese exports of the coated sheets, market sources indicated on Monday.
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China’s decision to impose provisional duties on stainless billets and stainless hot-rolled flat products is expected to ease the pressure of oversupply in domestic stainless market in the coming term, a market source observed on March 25.
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China’s Ministry of Commerce announced on March 22 to impose provisional duties on stainless slabs and billets, and stainless hot-rolled flat products from the origins including the European Union, Japan, South Korea and Indonesia.
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The European Commission’s definitive safeguard measures on imports of steel products which took effect from February 2 are unlikely to hurt China’s steel exports, according to Chinese market sources Wednesday.
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Leading Chinese commodity market intelligence agency Mysteel has successfully completed an external assurance review of its iron ore price indices in relation to the IOSCO Principles for Financial Benchmarks.
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Chinese galvanized iron exporters are concerned about new antidumping duties that the Malaysian government has imposed on China- and Vietnam-origin galvanized iron products, as Malaysia is one of the major destinations of these products, market sources shared on Tuesday.
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The Gulf Cooperation Council (GCC) has ended its one-and-a-half-year long antidumping investigation into Chinese seamless pipe imports and decided not to impose dumping duties, a decision which has reassured many Chinese exporters of these products, according to market sources Tuesday.
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The Japanese government has asked
the World
Trade Organization (WTO) to set up a dispute settlement panel to adjudicate on
its quarrel with South Korea over Seoul’s imposition of antidumping duties on
Japan-origin stainless steel bars 14 years ago that has remained in place today.
“Japan considers (South Korea’s) decision to extend the
antidumping duties to
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India has decided to initiate an anti-subsidy investigation into imports of welded stainless pipes and tubes produced or exported from China and Vietnam. However, the impact of the potential duties on China’s stainless market remains unclear as the final determination about levying anti-subsidy duties has not been made, a Chinese market source said.
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China’s steel industry will likely face a more challenging environment from the last quarter of this year, especially with the escalation of trade friction between the United States and China, according to Liu Zhenjiang, party secretary and secretary general of the China Iron & Steel Association (CISA).
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Malaysia’s central government has agreed to review the imposition of antidumping duties on imports of hot rolled coils, chequered coils and pickled & oiled coils, according to an official announcement released by Malaysia’s Ministry of International Trade and Industry (MITI) on August 15.
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The Canada Border Service Agency (CBSA) has launched an investigation into imports of corrosion-resistant steel sheet from China, Chinese Taipei, India and South Korea, according to a release the CBSA posted on July 27.
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China's Ministry of Commerce (MoC) is launching a preliminary antidumping investigation into imports of stainless steel semis (slabs and billets) and hot-rolled stainless coil and plate from Indonesia, the European Union, Japan and South Korea, according to an official notice posted on its website Monday.
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The European Commission's imposition of 25% provisional tariffs on 23 steel categories on certain conditions since July 19 is unlikely to hurt China in the short term, but the risk is mounting in the long term if other countries adopt similar practices, Chinese market shared on Thursday.
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China began imposing tariffs on $34 billion of products imported from the United States at 12:01pm (Beijing time) on July 6 in response to the new tariffs introduced a minute earlier by Washington, according to an official from China's General Administration of Customs reported by Xinhua News Agency on Friday.
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The additional tariffs that US Customs intends to impose on China-origin goods will backfire on the United States if the penalties are imposed as scheduled on July 6, China's Ministry of Commerce spokesman Gao Feng told media at the ministry's regular press conference on Thursday.
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China will steadily push forward with policies to open up its markets to foreign goods and investment as the central government has vowed, regardless of any changes in attitude by the United States, China's Ministry of Commerce (MoC) spokesman Gao Feng told media at the ministry's regular morning press conference on Thursday.
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Japan's Ministry of Economy, Trade and Industry (Meti) has formally requested discussions with South Korea under the auspices of the WTO regarding the antidumping duties Seoul has had in place on Japan-origin stainless steel bars for nearly 14 years.
