Tuesday, December 14, 2010

Trade friction frequent domestic non-ferrous metal industry was injured

Canada border services Agency (CBSA) recently issued a public notice, originating in or exported from China's copper pipes in the mid-term review of the anti-dumping. After the normal value of products involved and the export price of recalculation, CBSA finds Chinese company access to separate normal value, other enterprises apply 242% punitive taxes. This involved products covering seven customs codes, the new normal value from 2010 with effect from 1 April.

Not only is the copper, in recent years, almost the entire non-ferrous metal industry are having anti-dumping investigation. According to statistics, from 1982 to April 2010, involving non-ferrous metals trade friction cases a total of 43. Among them, the anti-dumping, anti-subsidy investigation 37 4, special protection and security measures to investigate the case.

The result of frustration

The Canada border services agency to issue a notice of the result of the review, is 2009 CBSA originating in or exported from China's copper pipe fittings for anti-dumping investigation given results. It is understood that this was the case after the original investigation conducted by the CBSA for the third time to investigate, the former two are 12 March 2007 and April 1, 2008 launch of the investigation.

It is the Canada border services agency, 2008 August 7 under national companies, originating in China's aluminum launch anti-dumping, countervailing merge investigation and adjudication in February 2009 originating in or exported from China's aluminum wood product backlog of the existence of dumping and subsidies to enterprises involved in the margin of dumping is 1.7% ~ 101% subsidy amount per kg of product 2.59 RMB ~ 15.84 Yuan.

"Their decisions are based on the aluminium market in China is not a market economy. "Association of related persons. The Canadian side believes that China's Shanghai Stock Exchange price of the formation of government intervention factors exist, but in fact the Shanghai Stock Exchange price and the London Metal Exchange price of almost. The parties also indicated that "they chose our neighbouring India as a reference, but because of their technological level of backward, India costs less than a lot in China, so the final result is calculated. ”

After China Nonferrous metals industry association, and Canadian lawyer negotiations achieved certain results. But the Canadian border services agency to adopt the attitude, and therefore is not supported by the Association and cooperation between the industry also cannot effectively carry on. The people said: "in the Office of the Canada border services agency, the Canadian border services agency offers 26 questions. "He said, but the Canadian side ignore we provide facts, still has the original dumping ruling.

Domino effect

In fact, in the international financial crisis in the background, China's growing trade friction. Even after the crisis, trade friction is not to be missed. Since 2008, involving national non-ferrous metal products trade friction case 8, including one year of 2009 is 5, the concentration of cases is unprecedented.

In April last year, said Australia Customs sent a letter, to be levied on products related to China's tax rate is 16% of the provisional anti-dumping duty. Non-ferrous metals Association stakeholders said that Australia year aluminium profile usage in about 14 000-16 000 tons, according to China in Australia 30% market share, the average annual loss of 5 million tons of exports, but compared to a month in China 100 million tons of aluminum demand is concerned, this little number.

"The key is that could lead to other countries to follow suit. "Non-ferrous metals Association stakeholders said that Australia this event actually China aluminum industry faces numerous anti-dumping a renewal of sanctions. In February the same year, the Canada border services agency regarding China's aluminum extruded double reverse merger investigation to make final determinations that ruled China was involved in the business of the dumping margin for 1.7% ~ 101% subsidy rate 2.59 Yuan/kg ~ 15.84 Yuan/kg. Guangzhou, Foshan, several large aluminum processing enterprises so helpless give up Canada market. The case arose after a few months, Australia to China's aluminum "gauntlet" also on schedule.

But as China's aluminum exports are not concentrated in a single State and the market, so the single market, the anti-dumping on China's exports will not pose a serious threat. Industry experts said that the most critical is the anti-dumping policy or will cause a domino effect.

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