China's iron and steel industry has been a new round of trade barriers

China's iron and steel industry has been a new round of trade barriers

Three nights this week, the U.S. steel industry on China's export of oil well pipe launched anti-dumping, countervailing action to apply. If the file successfully, it will be the United States since 2006 the Chinese launched the first 14 pairs of counter-investigation. In the financial crisis, China's steel industry is experiencing a strong round of trade protection. Reporter learned from informed sources, yesterday evening, the United States International Trade Commission (ITC) has issued a questionnaire in connection with the case companies to carry out damage surveys. 20 days later, the U.S. Department of Commerce will file an anti-dumping and countervailing investigations. If the ITC finds that U.S. industry survey damage, and damage and the existence of a causal relationship between dumping under the U.S. Department of Commerce to investigate the rate of dumping and subsidies, export enterprises of China's collection of countervailing and anti-dumping tax rate. "The Chinese have been warning the United States will double China's anti-OCTG investigation and has informed the China Steel Association, a notice to the relevant enterprises, and related businesses have been responding well in advance preparations." The source disclosed. "Oil well pipe is designed for oil casing oil exploration, but also a kind of export of China's steel." I am the cause of the steel pipe, general manager of Web site, said Zhang Limin, the United States has been China's OCTG exports an important country in China's exports of oil possession of the United States accounted for about 60 percent of imports, market share significantly. Second half of last year with the arrival of the financial crisis, a significant reduction in energy exploration, oil well tube significantly reduced the demand, coupled with the massive influx of oil well pipe, oil pipe business by the United States a tremendous impact. Therefore, since last year, the U.S. steel industry began to collect evidence, prepare to initiate the proceedings to apply for anti-double. "Once the Chinese companies face" double reverse "the investigation, if the company did not respond very well may be convicted of high tax rates, such a high tax rate may even be a direct result of the loss of the U.S. market completely." Concerns the whole of the case in Beijing, Jia Run Road and law firm partner, said Zhang. At the same time, once the oil well pipes in China can not export to the United States, together with the domestic demand for OCTG small, the entire steel industry will have a great impact. This year, China's steel exports fell one after another. Customs data show China's exports in January this year, 1,910,000 tons of steel, fell 54.6 percent year-on-year, exports in February, only 1.56 million tons, up 49.7 percent decline. China Steel Association Shanghua Secretary-General has issued a single warning, poor export of steel in March, is likely to become a net importer of steel. At present, the weakness in domestic demand, exports of poor circumstances, China's steel industry has experienced a strong round of trade protection. In March this year, the Russian iron and steel enterprises have been imported from China for nickel-containing stainless steel plate anti-dumping investigations launched by the European Union also made the preliminary ruling this week that China exports to the EU dumping of seamless steel tubes. In the steel against the background of weak domestic demand, exports of environmental degradation, exacerbated by China's steel industry will decline and turbulence. "Faced with this trade protection, the most important is to organize relevant enterprises to actively respond to protect their own interests, or has been convicted of enterprises will face the maximum compensation rate." Relevant persons in the Steel Association expressed