China's steel industry in China face increasing barriers to trade large containment

With the recent increase of trade barriers in China,Association member companies of the steel pipe
iron and steel products have become Zhongzai Hu.exports declined by 40% above. Shanghai Shenhua
Following the October 27 U.S. Department ofSteel Tube Company exported only 3,000 tons of
Commerce the implementation of China's steel wiresteel this year, less than usual 1 / more than three.
product from 7.53 to 12.06 percent punitive tariffs onAddition to the U.S., EU and Argentina also containing
Chinese steel grating products 7.44% implementationChina Steel products . 6 October, the EU declared
of punitive tariffs, the 5th of this month, a preliminarythat "China exports to the EU constitute a seamless
U.S. Department of Commerce ruled on the oil pipethreat of injury to EU industry", 17.7% -39.2% rule
imported from China up 99.14% levy anti-dumpingimposed definitive anti-dumping duties.
duty.India follow suit one after another. October 28, Indian
Chinese Ministry of Commerce pointed out that theexports to China held a hot-rolled products safeguard
case is so far the foreign oil pipe on the case ofinvestigation hearings.
China, the largest value of anti-dumping anti-subsidyAccording to CISA statistics, 2009, 8 months, China's
cases, this is the recent U.S. "double reverse" in thesteel exports to the United States fell 72.50 percent,
highest tax rate levy.85.08 percent decline in exports to the EU.
Addition to oil well pipe, seamless steel pipe is alsoThe face of the wind wave four of trade protection,
facing difficulties. A week ago, the U.S. InternationalValin Hengyang Steel Tube International Trade Xu
Trade Commission recently voted to six charges 0Wei, deputy general manager stressed: "We do not
China seamless steel tube of anti-dumpingsell at a loss, we did not dumping, we will in the end
anti-subsidy investigations.the respondent." Gonghong Liang pointed out that
It is understood that the domestic steel wire andChina's exports steel price is reasonable, consistent
steel grating to the United States exports a relativelywith World Trade Organization (WTO) specifications,
small number. U.S. statistics show that in 2008, thesethere is no dumping. In recent years, China's steel
products made in China, U.S. exports of about 2.7industry has greatly advance the technology and
million.equipment, decreased production costs, at least
The oil pipe and seamless two products, the exportdown than ever before, more than 20%, and China's
has a certain scale, but also has a high dependencesteel exports to Europe and the United States, its
on exports, China 2008 Seamless Dependence onprice higher than the domestic market is about three
exports reached 30.2%, export dependence on oilpercent, there is no dumping problem.
well pipe and up to 58.9%. The U.S. is the majorDespite rising trade protectionism around the world,
exporter of oil well pipes, the first quarter of 2009,but not all of "dual" investigation is bound to lead
China oil pipe products in U.S. market share of 50%.eventually to punish China, 10 months, Chinese
According to customs statistics, in 2008 China'scompanies have in India, Indonesia, Australia, Russia
exports to the U.S. the amount of oil well pipe andand even America's "double against "litigation finally
seamless pipe 32 billion U.S. dollars, accounting for thewon, so many companies recognize the action to
same period China's total steel exports to the Unitedactively respond.
States (69 million) 46%. Involved more than 90 steelBut some small businesses because the lack of
companies, including Tianjin Steel, Bao Steel, Anshanfunding and personnel are unable to respondent, have
Iron and Steel and other major state-owned largeno choice but to abandon the market.
iron and steel enterprises.It is understood that, for the respondent requested
Shanghai Steel Tube Trade Association, vicea lawyer to spend hundreds of thousands of dollars,
president of Gonghong Liang suggested that Europeonly two or three million U.S. dollars for exports of
and the United States on the implementation of myenterprises, the burden of too much; also face the
pipe, "dual" result in serious impact on China's steelkinds of lawsuits, small businesses lack the
exports to date, Shanghai Steel Tube Tradeappropriate professionals.