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At the media meeting in Brussels on February 26th, Tu Zhiqing, deputy secretary-general of the Fastener Import & Export Enterprises Association of Jiaxing City, Zhejiang Province, said that they have submitted to the European Commission “no damage defenseâ€, that is, Chinese enterprises to Europe Exports did not constitute material damage to the EU fastener industry. The existence of industrial damage is one of the necessary conditions for the EU to take anti-dumping measures.
On November 9, 2007, the EU launched an anti-dumping investigation against steel fasteners originating in China. The products investigated were steel fasteners, including wood screws, self-tapping screws, other lead screws and bolts, and washers.
The survey involved more than 1,700 companies in China and involved exports of up to US$760 million. It is the EU's largest anti-dumping investigation against Chinese footwear since the anti-dumping investigation.
Faced with the EU's anti-dumping investigation, Tu Zhiqing said in an interview with foreign media that due to the fact that Chinese products are not homogenous with most products of the EU and the target customers and consumer groups of the products are different, Chinese products are not directly related to the prosecuting party’s products. Competing relationships do not have the constitutive elements of industrial damage, so this investigation is not valid.
Not only that, Tu Zhiqing believes that with the rising cost of exports caused by the continued appreciation of the renminbi and the continuous rise in raw material prices, the export prices of fasteners in mainland China have risen by more than 50% so far, which has led to major changes in the prosecution conditions of the case. .
The EU may impose anti-dumping duties in August. Tu Zhiqing said that if the EU does so, Chinese manufacturers will require action in the WTO.
An expert from the Ministry of Commerce Research Institute said in an interview with this reporter that because the profits of the domestic fastener industry itself are relatively low, once the EU Commission has ruled that China's fastener products dumping, will undoubtedly make the fastener company worse.
My fastener exporter asks the EU to abandon anti-dumping duties
A few days ago, Chinese screw producers in Brussels called on the EU not to impose anti-dumping duties. They said that imposing anti-dumping duties will also harm the interests of European companies and consumers.