• Categories:News
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• Time of issue:2020-09-29 16:25
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(Summary description)It is reported that the EU plans to increase China's rebar final anti-dumping tax rate, which may be 18.4% -22.5%, significantly higher than January's 9.3% -13% levy provisional anti-dumping duty. The Commission said the increase in anti-dumping duty is to adjust its calculations, including a new revision of the EU steel normal profit margin as well as some other factors that made subsequently. Market participants believe that the move is intended to eliminate the damage caused by dumped imports to the EU steel industry caused by, and before the "light duties" for providing inadequate protection against unfair trade imports and much criticized by the local iron and steel enterprises. In this opinion, the European Commission in the strict trade defense measures, the abolition of the so-called low tax rules vary from the action. Last April, at the request of Eurofer, the European Commission began to start rebar imports from China anti-dumping investigation, however, on whether retroactive anti-dumping duties, the European Commission is still under consideration. It is understood that this year, the European Union on China steel anti-dumping ferocious momentum, beginning in January on imports from China rebar levy provisional anti-dumping duties, in February for Chinese cold rolled coils to impose provisional anti-dumping duties, also announced the launch of plate, hot volume and seamless pipe anti-dumping investigation.