Iron and steel enterprises in China from the U.S. "double reverse" investigation
Steel charges in China from the U.S. "double reverse" review, trade items 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 record productively, it will be the United States since 2006, started the first of China's 14 "double-anti-" The study, which is "Obama" after the Government first took bureau in mainland China for the "double reverse" complaints.
Emergency answer
"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 including Baosteel, Anshan Iron and Steel, Panzhihua Steel and Tianjin Pipe Group and other representatives of large steel enterprises, but in fact, with the "double reverse" case of the enterprises involved in iron and steel enterprises to small and medium-sized exporters. "To the participants to discuss measures the size of 14 enterprises are relatively large, in the United States exports a large quantity of business. The case involves the fact Chinese enterprises reached 212 iron and steel enterprises." Import and export of China Steel Industry Association of one who revealed 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 obtained the U.S. government dispatched the questionnaire.
It is described that, ITC will be May 26 before the end of the initial enquiry and on June 2 broadcast the outcomes of the initial investigation.
Regret and anxiety
"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 iron alloy trade items to the United States is the major diversity of steel. 2008, China's oil merchandise pipe trade items to the United States has come to about 3.2 billion U.S. dollars, matching to more than 200 billion yuan. And iron alloy trade items to the United States, more than half of all iron alloy products. U.S. businesses that the mean discarding margins as high as 80.72%. Reporter from the China Iron and Steel Association's website that the U.S. iron alloy market demand of about five million tons, China's iron alloy mills accounted for about 2.2 million tons, treasured at an approximated 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. steel industry in the financial crisis, the U.S. oil and gas drilling activity has been in the doldrums, the U.S. steel production enterprises a great deal of inventory, significantly reduced the demand, which makes a lot of the U.S. steel industry faces difficulties." Kong ling ming told reporters said that the United States over the past 9 months a large number of imports from China have become the new oil pipe stock, which is the United States steel companies filed the direct cause of complaint.
In item, since the second half of 2008 the global monetary circumstances to decline, steel and hard metal trade overseas to China has shown a quick decline. Customs written knowledge present that in January 2009, China exported 1.91 million tons of hard metal, a record 35 months since the small size of China's hard metal trade overseas, plunged 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 hard metal trade overseas obstructed, it can be said is a very large 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 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 trust that with the shrinking of the worldwide hard metal market, will advance the number of comparable problems. China ought study to use global trade controls, security of China's own interests. At present, confidential subdivision tiny and medium-sized oil pipe mostly decentralized goods produced scope for, we ought work concurrently to configuration a reply to the lawsuit. - 18424
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 record productively, it will be the United States since 2006, started the first of China's 14 "double-anti-" The study, which is "Obama" after the Government first took bureau in mainland China for the "double reverse" complaints.
Emergency answer
"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 including Baosteel, Anshan Iron and Steel, Panzhihua Steel and Tianjin Pipe Group and other representatives of large steel enterprises, but in fact, with the "double reverse" case of the enterprises involved in iron and steel enterprises to small and medium-sized exporters. "To the participants to discuss measures the size of 14 enterprises are relatively large, in the United States exports a large quantity of business. The case involves the fact Chinese enterprises reached 212 iron and steel enterprises." Import and export of China Steel Industry Association of one who revealed 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 obtained the U.S. government dispatched the questionnaire.
It is described that, ITC will be May 26 before the end of the initial enquiry and on June 2 broadcast the outcomes of the initial investigation.
Regret and anxiety
"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 iron alloy trade items to the United States is the major diversity of steel. 2008, China's oil merchandise pipe trade items to the United States has come to about 3.2 billion U.S. dollars, matching to more than 200 billion yuan. And iron alloy trade items to the United States, more than half of all iron alloy products. U.S. businesses that the mean discarding margins as high as 80.72%. Reporter from the China Iron and Steel Association's website that the U.S. iron alloy market demand of about five million tons, China's iron alloy mills accounted for about 2.2 million tons, treasured at an approximated 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. steel industry in the financial crisis, the U.S. oil and gas drilling activity has been in the doldrums, the U.S. steel production enterprises a great deal of inventory, significantly reduced the demand, which makes a lot of the U.S. steel industry faces difficulties." Kong ling ming told reporters said that the United States over the past 9 months a large number of imports from China have become the new oil pipe stock, which is the United States steel companies filed the direct cause of complaint.
In item, since the second half of 2008 the global monetary circumstances to decline, steel and hard metal trade overseas to China has shown a quick decline. Customs written knowledge present that in January 2009, China exported 1.91 million tons of hard metal, a record 35 months since the small size of China's hard metal trade overseas, plunged 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 hard metal trade overseas obstructed, it can be said is a very large 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 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 trust that with the shrinking of the worldwide hard metal market, will advance the number of comparable problems. China ought study to use global trade controls, security of China's own interests. At present, confidential subdivision tiny and medium-sized oil pipe mostly decentralized goods produced scope for, we ought work concurrently to configuration a reply to the lawsuit. - 18424
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