[SMM inventory] International Trade barriers increase the Competition of China's galvanizing Industry in the International Market is becoming increasingly fierce

SMM News: recently, the Eurasian Economic Commission issued Proclamation 2019 / 188/AD26, making a final anti-dumping affirmative decision on the import of galvanized steel products originating in China and Ukraine, finding that galvanized steel products from China and Ukraine have been dumped, causing substantial damage to relevant industries in the Eurasian Economic Union region, and at the same time, there is a causal relationship between dumping and substantive damage. Therefore, it is suggested that an anti-dumping duty equivalent to 12.69% to 17.00% of the dumping margin should be levied on the Chinese enterprises involved in the case, and 23.90% anti-dumping duty should be levied on the Mariupoli Ilyich Metallurgical Company of Ukraine (International Mining and Metallurgical Group) and other Ukrainian manufacturers, valid for five years. The tax numbers of the products involved are 7210490001, 7210490009, 7210610000, 7212300000, 7212506100 and 7225920000.

In recent years, many countries in the world have been taking anti-dumping measures against China's manufacturing industry, and the competition among Chinese enterprises in the international market has become increasingly fierce. Here, the SMM summarized the anti-dumping final measures of various countries against China's galvanizing industry from 2016 to 2019, and mastered the changes in the world pattern in order to better study and judge the market.

Final Anti-dumping measures against China's galvanizing Industry from 2016 to 2019

On September 2, 2016, the Vietnam Competition Authority finally decided to impose anti-dumping duties on hot-dip galvanized and zinc-aluminum coated sheets imported from China at a duty rate of 4.02%-38.34%.

On September 15, 2016, the Ministry of Commerce of Thailand launched an anti-dumping investigation into hot-dip galvanized sheet rolls imported from China, South Korea, Taiwan and other countries. The survey, which involves 47 customs codes for products under 7210 and 7212, may be extended for one year or may be extended for another half a year. Local steel mills allege that galvanized coil imports from China were dumped by 39.47 per cent, Taiwan 26.99 per cent and South Korea 9.84 per cent.

On February 8, 2017, Pakistan's National Customs Commission issued the final verdict of anti-dumping investigation on galvanized steel, and Chinese enterprises were imposed anti-dumping duties of 6.09%-40.47% for a period of five years.

On February 22, 2017, Taiwan issued a final verdict on the anti-dumping investigation of medium and heavy plates imported from Brazil, mainland China, India, Indonesia, South Korea and Ukraine. As of August 21, 2021, anti-dumping duties of 4.02-80.5% were imposed on the above six countries and regions according to their varieties.

On August 9, 2017, the European Union decided to impose provisional anti-dumping duties on galvanized steel imported from China at a rate of 17.2%-28.5%.

On November 8, 2018, the (MITI) of the Ministry of International Trade and Industry of Malaysia issued a notice to make an initial anti-dumping ruling on galvanized iron (Galvanised Iron) originating in or imported from China and Vietnam: a preliminary ruling imposing provisional anti-dumping duties on the above-mentioned products, ranging from-3.33% to 16.13%, the measure shall enter into force on November 8, 2018 for a period not exceeding 120 days.

On June 28, 2019, Ukraine's Interdepartmental International Trade Commission issued a notice imposing anti-dumping duties of 22.78% and 47.57% on galvanized sheets imported from China and Russia, respectively, for a period of five years.

To sum up, foreign countries and other places impose high anti-dumping duties on China's galvanizing industry to varying degrees. The purpose of levying anti-dumping duties is no longer just to protect the domestic market order, curb the dumping behavior of exporting countries, but become a means of trade protection. Such a high anti-dumping duty will lead to the rise of export prices such as galvanized sheet and galvanized iron, and lose its competitive advantage in foreign markets. In the short term, manufacturers can not change the volume of exports in a timely manner, will cause a backlog of products, if the export products into domestic sales, there will be too much supply, which is not conducive to the stability of the Chinese market. How to face the foreign anti-dumping policy, SMM believes that, first, the country should strengthen its influence in international trade. Second, enterprises, in order to improve the quality of export products, can not only take the price war as the core, technology and product quality is the king.

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