EU imposes duties on advertising of Chinese screws, sports shoes
The European Commission has imposed final anti-dumping duties on two Chinese-made steel derivatives - headless screws and steel track shoes (STS), confirming the temporary measures introduced earlier this year, Kallanish notes.
Since October 23, a final anti-dumping duty has been imposed on the import of screws and bolts, both with and without nuts and washers, without heads that fall under the CN codes 7318 15 42 and 7318 15 48 and originate from China. This decision was made following an investigation initiated following a complaint from European fastener manufacturers submitted by the European Institute of Industrial Fasteners (EIFI). The European Commission also confirmed the final collection of temporary duties and extended this measure to all registered imports of the relevant products.
The final duty levels vary depending on the company: Zhejiang Junyue Standard Part Co. is subject to 54.7% duties, Brother Group (Jiaxing High-enter Fasteners Co., Zhejiang Morgan Brother Technology Co., Jiaxing Brother Standard Part Co.) - 57.1% duties, and Chinafar Group (Jiaxing Chinafar Standard Parts Co., Jiangsu Zhe Fasteners Co.) up to 72.3%. Other cooperating companies are charged 59.8%, while all other exporters are charged a total duty rate of 72.3%, calculated on the basis of the CIF Union border prices before customs duties are paid.
On October 20, the European Commission imposed an anti-dumping duty of 62.5% on imports of steel track shoes from China following a complaint from Duferco Travi e Profilati. The Rules apply to certain steel shoes, with or without rubber pads, regardless of whether they are mounted in a track chain or not, classified under the CN codes ex 8431 39 00, ex 8431 49 20 and ex 8431 49 80.
Larger cast parts used in heavy machinery such as cranes and excavators were excluded after the Commission accepted Liebherr's technical argument that such products were not manufactured in the EU. These measures also apply to groups of goods and entire groups of goods, but the 62.5% rate applies only to the shoe component, which must be at least 31% of the total value of the goods declared at customs.
The EUROMETAL Distributors Association says it welcomes these measures. Recently, the association has intensified its calls for the European Commission to expand the revised protective measures to include metal derivatives and processed products. The association warned that excluding derivatives risked creating "a dangerous imbalance – protecting production in higher-level industries and exposing them to unfair competition."
.Elina Virchenko UAE
Kallanish.com