The European Commission has announced an anti-dumping investigation into imports of certain iron or steel fasteners in the People’s Republic of China (2020/C 442/06).
Published in the Official Journal of the EU the notice of initiation was announced this morning and includes “certain fasteners of iron or steel, other than of stainless steel, i.e. wood screws (excluding coach screws), self-tapping screws, other screws and bolts with heads (whether or not with their nuts or washers, but excluding screws and bolts for fixing railway track construction material), and washers (‘the product under investigation’).”
The product under investigation is currently classified under CN codes: 7318 12 90, 7318 14 91, 7318 14 99, 7318 15 58, 7318 15 68, 7318 15 82, 7318 15 88, ex 7318 15 95 (TARIC codes 7318 15 95 19 and 7318 15 95 89), ex 7318 21 00 (TARIC codes 7318 21 00 31, 7318 21 00 39, 7318 21 00 95 and 7318 21 00 98) and ex 7318 22 00 (TARIC codes 7318 22 00 31, 7318 22 00 39, 7318 22 00 95 and 7318 22 00 98).
In the notice of initiation, the European Commission explains: “The complaint has provided evidence that imports of the product under investigation from the country concerned have increased overall in absolute terms and in terms of market share.”
“The evidence provided by the complainant shows that the volume and the prices of the imported product under investigation have had, among other consequences, a negative impact on the quantities sold and the market share held by the Union industry, resulting in substantial adverse effects on the overall performance, the financial situation and the employment situation of the Union industry.”
The investigation of dumping and injury will cover the period from 1st July 2019 to 30th June 2020 (‘the investigation period’). The examination of trends relevant for the assessment of injury will cover the period from 1st January 2017 to the end of the investigation period (‘the period considered’).
The full notice of the initiation can be found at: EUR-Lex - 52020XC1221(02) - EN - EUR-Lex (europa.eu)
Will joined Fastener + Fixing Magazine in 2007 and over the last 15 years has experienced every facet of the fastener sector - interviewing key figures within the industry and visiting leading companies and exhibitions around the globe.
Will manages the content strategy across all platforms and is the guardian for the high editorial standards that the Magazine is renowned.
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