Iron and steel enterprises in China from the U.S. "double reverse" investigation
Steel costs in China from the U.S. "double reverse" study, trade overseas 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 intent of their visit is a total enterprise of evaluates 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 file successfully, it will be the United States since 2006, launched the first of China's 14 "double-anti-" The survey, which is "Obama" after the Government first took office in mainland China for the "double reverse" complaints.
Emergency reply
"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 steel and hard metal enterprises.
Despite encompassing Baosteel, Anshan Iron and Steel, Panzhihua Steel and Tianjin Pipe Group and other representatives of large iron alloy enterprises, but in detail, with the "double reverse" case of the enterprises engaged in metal and iron alloy enterprises to little and medium-sized exporters. "To the participants to talk about assesses the dimensions of 14 enterprises are somewhat large, in the United States trade items a large amount of business. The case engages the detail Chinese enterprises come to 212 metal and iron alloy enterprises." Import and trade items of China Steel Industry Association of one who disclosed 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 concern
"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. 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 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 earlier that the relevant people, "China's steel exports this year, very serious situation." Decline in global steel demand as well as the cost of RMB appreciation on China's steel exports to increase the impact of the great. Some enterprises exports to zero for several 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 iron alloy trade items impeded, it can be said is a large-scale 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 exchanging partners, started the two "double reverse" examination, respectively, for Indonesia and China Taiwan retail woven cloth bag, Argentina and South Korea's anti-nickel Pistons, while China's hard metal development for the "double reverse" Obama has been examining the Government's third move. "This year's anti-dumping, countervailing the prosecution will be highly advanced over earlier years." The skilled population 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. - 21396
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 intent of their visit is a total enterprise of evaluates 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 file successfully, it will be the United States since 2006, launched the first of China's 14 "double-anti-" The survey, which is "Obama" after the Government first took office in mainland China for the "double reverse" complaints.
Emergency reply
"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 steel and hard metal enterprises.
Despite encompassing Baosteel, Anshan Iron and Steel, Panzhihua Steel and Tianjin Pipe Group and other representatives of large iron alloy enterprises, but in detail, with the "double reverse" case of the enterprises engaged in metal and iron alloy enterprises to little and medium-sized exporters. "To the participants to talk about assesses the dimensions of 14 enterprises are somewhat large, in the United States trade items a large amount of business. The case engages the detail Chinese enterprises come to 212 metal and iron alloy enterprises." Import and trade items of China Steel Industry Association of one who disclosed 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 concern
"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. 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 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 earlier that the relevant people, "China's steel exports this year, very serious situation." Decline in global steel demand as well as the cost of RMB appreciation on China's steel exports to increase the impact of the great. Some enterprises exports to zero for several 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 iron alloy trade items impeded, it can be said is a large-scale 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 exchanging partners, started the two "double reverse" examination, respectively, for Indonesia and China Taiwan retail woven cloth bag, Argentina and South Korea's anti-nickel Pistons, while China's hard metal development for the "double reverse" Obama has been examining the Government's third move. "This year's anti-dumping, countervailing the prosecution will be highly advanced over earlier years." The skilled population 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. - 21396
posted by X - Men @ 1:16 AM
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