|The EU will modify the anti-dumping duty on Chinese seamless steel tube
China Steel Net news: It is understood that the EU will have steel pipe fittings in China and Thailand, the anti-dumping tax increase to 58.9%, in order to help EU producers with low-priced imports to gain advantage in the competition, will have 10 years of anti-dumping tax period for further extension.
Prior to this, the EU steel pipe fittings in China and Thailand, imposed five years of anti-dumping duties, involving products used in chemical, energy, construction and shipbuilding steel pipe accessories.
In October 2008, the EU steel pipe fittings South Korea and Malaysia continue to levy 75% of the anti-dumping duties; the tax rate in China was 58.6%, 58.9% in Thailand. Since March 2008, China steel pipe fittings in the EU market share of 20%, Thailand 2%, relative in 2004 has doubled. EU steel pipe fittings market capacity for 22 million euros, in addition to China, Thailand, South Korea and Malaysia, but also from Israel, Turkey, Vietnam and India's imports.
In 1996, the EU steel pipe fittings in China and Thailand, imposed anti-dumping duties in 2003 to extend the review period of 5 years after the tax. For a recent review filed in June 2008.