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EC imposes provisional AD duty on PSC wire and strand imports from China

Thursday, 14 May 2009 11:45:52 (GMT+3)   |  
       
The European Commission (EC) has announced its decision to impose a definitive antidumping (AD) duty and to collect definitively the provisional duty imposed on imports of certain pre- and post-stressing wires and wire strands of non-alloy steel (PSC wires and strands) originating in China.

The proceeding was initiated following a complaint lodged by Eurostress Information Service (ESIS) on behalf of producers representing a major proportion (in this case more than 57 percent) of the total EC production of PSC wires and strands. The investigation of dumping and injury has covered the period from January 1, 2007 to December 31, 2007. Also, the examination of the trends for the assessment of injury covered the period from January 1, 2004 to the end of the investigation period.

Aiming to protect the community's iron and steel industry from the impact of cheap resources, the EC has decided to impose a definitive antidumping duty on imports of non-plated or non-coated wire of non-alloy steel, wire of non-alloy steel plated or coated with zinc, and stranded wire of non-alloy steel whether or not plated or coated with not more than 18 wires, containing by weight 0.6 percent or more of carbon, with a maximum cross-sectional dimension exceeding 3 mm falling within CN codes ex 7217 10 90, ex 7217 20 90, ex 7312 10 61, ex 7312 10 65 and ex 7312 10 69 (TARIC codes 7217 10 90 10, 7217 20 90 10, 7312 10 61 11, 7312 10 61 91, 7312 10 65 11, 7312 10 65 91, 7312 10 69 11 and 7312 10 69 91) and originating in China.

Therefore, the EC has determined the rate of antidumping duty for the companies below as follows:

Company

Antidumping duty (%)

TARIC additional code

Kiswire Qingdao, Ltd, Qingdao

0

A899

Ossen Innovation Materials Co. Joint Stock Company Ltd, Maanshan, and Ossen Jiujiang Steel Wire Cable Co. Ltd, Jiujiang

31.1

A952

All other companies

46.2

A999

The duty will be effective from May 15, 2009 and will last for five years.


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