Iron and iron alloy enterprises in China from the U.S. "double reverse" enquiry
Steel prices in China from the U.S. "double reverse" survey, exports of 20 billion oil pipe blocked.
April 16, China Steel Structure Association, the Secretary-General glided to a local bureau pipe Huangshi, Hubei Province, supplemented by Tianjin Pipe Group's major leadership. They have, Baosteel, Panzhihua Iron and Steel, Anshan Iron and Steel and more other enterprise managers in addition have arrived at 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 document effectively, it will be the United States since 2006, commenced the first of China's 14 "double-anti-" The review, which is "Obama" after the Government first took agency in mainland China for the "double reverse" complaints.
Emergency response
"This very distinctly is trade protection." Kong ling-ming said, "We are geared up to direct enterprises to energetically replying to the prevailing configuration 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 metal and iron alloy enterprises.
Despite embracing Baosteel, Anshan Iron and Steel, Panzhihua Steel and Tianjin Pipe Group and other representatives of large hard metal enterprises, but in item, with the "double reverse" case of the enterprises included in steel and hard metal enterprises to tiny and medium-sized exporters. "To the participants to consider evaluates the amount of 14 enterprises are quite large, in the United States trade overseas a large measure of business. The case includes the item Chinese enterprises arrived at 212 steel and hard metal enterprises." Import and trade overseas of China Steel Industry Association of one who uncovered to reporters.
Ministry of Commerce of China furthermore attaches large significance to start an enquiry in the United States after the first time the Ministry of Commerce handed out a answer to the incident. "First quarter of this year, China's metal and iron alloy goods trade items somewhat large fall in rate of trade items capacity down 55%, metal and iron alloy enterprises have came across more difficulties. In this context, the U.S. commerce accusations apply, it should be said out of date. "YAO Jian, representative of the Ministry of Commerce said," We will extend to pay vigilance to 'dual' of the advancement of the case and take befitting activity in response. "
Baoshan Iron and Steel Group of the Ministry of Justice said they had obtained the U.S. government dispatched the questionnaire.
It is reported that, ITC will be May 26 before the end of the preliminary investigation and on June 2 announced the results of the preliminary investigation.
Regret and anxiety
"For the United States' dual 'investigation, we have articulated deplore, but in addition were under immense insist, which will undoubtedly be augmenting 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 iron alloy enterprises enterprises the "double reverse" the accusation because the United States output of oil pipe goods to defend their household market "under the pretext of" it. According to him, the topic of iron alloy trades from China is that the reality of organising and consignment lag time span, often when the market demand of the items set to in a couple of 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 beforehand that the pertinent population, "China's hard metal trade overseas this year, very sombre situation." Decline in worldwide hard metal demand as well as the cost of RMB acknowledgement on China's hard metal trade overseas to advance the consequence of the great. Some enterprises trade overseas to none for numerous 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 steel exports blocked, it can be said is a big scale." Kong lin ming said with emotion.
The "double reverse" Obama is the examination since he took bureau, the U.S. government started China's first "double reverse" survey. "The quick start, presentations that the Democratic Party after the ruling hard-line trade policy." I do not like to be labelled, the long-term study of Sino-US trade family highly talented, advised 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. - 18423
April 16, China Steel Structure Association, the Secretary-General glided to a local bureau pipe Huangshi, Hubei Province, supplemented by Tianjin Pipe Group's major leadership. They have, Baosteel, Panzhihua Iron and Steel, Anshan Iron and Steel and more other enterprise managers in addition have arrived at 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 document effectively, it will be the United States since 2006, commenced the first of China's 14 "double-anti-" The review, which is "Obama" after the Government first took agency in mainland China for the "double reverse" complaints.
Emergency response
"This very distinctly is trade protection." Kong ling-ming said, "We are geared up to direct enterprises to energetically replying to the prevailing configuration 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 metal and iron alloy enterprises.
Despite embracing Baosteel, Anshan Iron and Steel, Panzhihua Steel and Tianjin Pipe Group and other representatives of large hard metal enterprises, but in item, with the "double reverse" case of the enterprises included in steel and hard metal enterprises to tiny and medium-sized exporters. "To the participants to consider evaluates the amount of 14 enterprises are quite large, in the United States trade overseas a large measure of business. The case includes the item Chinese enterprises arrived at 212 steel and hard metal enterprises." Import and trade overseas of China Steel Industry Association of one who uncovered to reporters.
Ministry of Commerce of China furthermore attaches large significance to start an enquiry in the United States after the first time the Ministry of Commerce handed out a answer to the incident. "First quarter of this year, China's metal and iron alloy goods trade items somewhat large fall in rate of trade items capacity down 55%, metal and iron alloy enterprises have came across more difficulties. In this context, the U.S. commerce accusations apply, it should be said out of date. "YAO Jian, representative of the Ministry of Commerce said," We will extend to pay vigilance to 'dual' of the advancement of the case and take befitting activity in response. "
Baoshan Iron and Steel Group of the Ministry of Justice said they had obtained the U.S. government dispatched the questionnaire.
It is reported that, ITC will be May 26 before the end of the preliminary investigation and on June 2 announced the results of the preliminary investigation.
Regret and anxiety
"For the United States' dual 'investigation, we have articulated deplore, but in addition were under immense insist, which will undoubtedly be augmenting 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 iron alloy enterprises enterprises the "double reverse" the accusation because the United States output of oil pipe goods to defend their household market "under the pretext of" it. According to him, the topic of iron alloy trades from China is that the reality of organising and consignment lag time span, often when the market demand of the items set to in a couple of 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 beforehand that the pertinent population, "China's hard metal trade overseas this year, very sombre situation." Decline in worldwide hard metal demand as well as the cost of RMB acknowledgement on China's hard metal trade overseas to advance the consequence of the great. Some enterprises trade overseas to none for numerous 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 steel exports blocked, it can be said is a big scale." Kong lin ming said with emotion.
The "double reverse" Obama is the examination since he took bureau, the U.S. government started China's first "double reverse" survey. "The quick start, presentations that the Democratic Party after the ruling hard-line trade policy." I do not like to be labelled, the long-term study of Sino-US trade family highly talented, advised 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. - 18423
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