EU imposes definitive dumping duties on Chinese steel tube imports (updated)

Ta Chen Stainless Pipe Co

27/01/2017 10:46

(Adds details) 
    BRUSSELS, Jan 27 (Reuters) - The European Union has imposed 
definitive anti-dumping duties on Chinese and Taiwanese imports 
of stainless steel tubes and pipe butt-welding fittings to 
protect its industry from steel overcapacity. 
    An investigation found Chinese and Taiwanese manufacturers 
had sold stainless steel tube and pipe butt-welding fittings in 
Europe at dumped prices, the European Commission said in a 
notice published in the official journal on Friday. 
    Chinese imports will be taxed with anti-dumping duties of 
30.7 to 64.9 percent while Taiwanese imports will face duties of 
5.1 to 12.1 percent. 
    The products are used to join pipes and tubes of stainless 
steel, and are used in industries including petrochemicals, food 
processing, shipbuilding, energy generation and construction, 
the European Commission said. 
    King Lai Hygienic Materials Co. will be taxed at 5.1 percent 
on its imports to the EU while Zhejiang Good Fittings Co. will 
face a duty of 55.3 percent. 
    The Commission said it has an unprecedented number of trade 
defences in place targeting unfair imports of steel products, 
with a total of 39 anti-dumping and anti-subsidy measures, 17 of 
which are on products originating from China. 
     The EU has imposed anti-dumping duties on several Chinese 
steel products such as cold-rolled flat steel and stainless 
steel cold-rolled flat products.  urn:newsml:reuters.com:*:nL5N1794B3 
    It has also opened investigations into Chinese imports of 
heavy plate, hot-rolled, iron or steel seamless pipes. 
     
 
 (Reporting by Julia Fioretti; editing by Susan Thomas and Jason 
Neely) 
 ((julia.fioretti@thomsonreuters.com; +32 2287 6875; Reuters 
Messaging: julia.fioretti.thomsonreuters.com@reuters.net)) 
 
Keywords: EU STEEL/CHINA