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 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 manufacturing enterprises steel workers union and the United States on China's exports 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 amount of 2.7 billion U.S. dollars. This reporter has learned that the U.S. International Trade Commission on April 8 in the day, immediately launched a "double reverse" survey, the agency has set up a 6-member team, including executives, 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 reply
"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 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 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 received the U.S. government sent 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 worry
"For the United States' dual 'investigation, we have expressed regret, but also were under immense pressure, which will undoubtedly be adding 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 steel enterprises enterprises the "double reverse" the complaint because the United States production of oil pipe products to protect their domestic market "under the pretext of" it. According to him, the issue of steel imports from China is that the existence of ordering and delivery lag period, often when the market demand of the goods set to in a few months after that, then the market has dropped.
"The U.S. hard metal development in the fiscal critical purpose, the U.S. oil and gas drilling pursuit has been in the doldrums, the U.S. hard metal goods produced enterprises a many deal of inventory, notably lessened the demand, which makes many of the U.S. hard metal development faces difficulties." Kong ling ming advised reporters said that the United States over the past 9 months a large number of deals from China have become the new oil pipe store, which is the United States hard metal financial gatherings filed the direct source 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 professionals in the metal and iron alloy xu xiang chun said that, one time lost in China, China's iron alloy will be to enforce high anti-dumping obligations, the cost benefit will stop to live, that fundamentally means that the Chinese iron alloy market will have to remove 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 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 trading partners, launched the two "double reverse" investigation, respectively, for Indonesia and China Taiwan retail cloth bag, Argentina and South Korea's anti-nickel Pistons, while China's steel industry for the "double reverse" Obama has been investigating the Government's third move. "This year's anti-dumping, countervailing the prosecution will be greatly increased over previous years." The experts said.
Xu xiang chun accept as factual that with the shrinking of the international iron alloy market, will boost the number of alike problems. China should discover to use worldwide trade guidelines, defence of China's own interests. At present, personal part little and medium-sized oil pipe mostly decentralized output capability, we should work simultaneously to pattern a answer to the lawsuit. - 18780
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 manufacturing enterprises steel workers union and the United States on China's exports 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 amount of 2.7 billion U.S. dollars. This reporter has learned that the U.S. International Trade Commission on April 8 in the day, immediately launched a "double reverse" survey, the agency has set up a 6-member team, including executives, 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 reply
"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 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 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 received the U.S. government sent 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 worry
"For the United States' dual 'investigation, we have expressed regret, but also were under immense pressure, which will undoubtedly be adding 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 steel enterprises enterprises the "double reverse" the complaint because the United States production of oil pipe products to protect their domestic market "under the pretext of" it. According to him, the issue of steel imports from China is that the existence of ordering and delivery lag period, often when the market demand of the goods set to in a few months after that, then the market has dropped.
"The U.S. hard metal development in the fiscal critical purpose, the U.S. oil and gas drilling pursuit has been in the doldrums, the U.S. hard metal goods produced enterprises a many deal of inventory, notably lessened the demand, which makes many of the U.S. hard metal development faces difficulties." Kong ling ming advised reporters said that the United States over the past 9 months a large number of deals from China have become the new oil pipe store, which is the United States hard metal financial gatherings filed the direct source 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 professionals in the metal and iron alloy xu xiang chun said that, one time lost in China, China's iron alloy will be to enforce high anti-dumping obligations, the cost benefit will stop to live, that fundamentally means that the Chinese iron alloy market will have to remove 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 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 trading partners, launched the two "double reverse" investigation, respectively, for Indonesia and China Taiwan retail cloth bag, Argentina and South Korea's anti-nickel Pistons, while China's steel industry for the "double reverse" Obama has been investigating the Government's third move. "This year's anti-dumping, countervailing the prosecution will be greatly increased over previous years." The experts said.
Xu xiang chun accept as factual that with the shrinking of the international iron alloy market, will boost the number of alike problems. China should discover to use worldwide trade guidelines, defence of China's own interests. At present, personal part little and medium-sized oil pipe mostly decentralized output capability, we should work simultaneously to pattern a answer to the lawsuit. - 18780
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