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Steel charges in China from the U.S. "double reverse" review, trade items of 20 billion oil pipe blocked.

April 16, China Steel Structure Association, the Secretary-General flew to a branch pipe Huangshi, Hubei Province, accompanied by Tianjin Pipe Group's senior leadership. They have, Baosteel, Panzhihua Iron and Steel, Anshan Iron and Steel and many other business executives also have reached the Yellowstone.

The reason of their journey is a total enterprise of assesses to deal with the United States the "double reverse" lawsuit.

April 8, seven U.S. oil pipe fabricating enterprises hard metal staff merger and the United States on China's trade overseas to the United States oil pipe (OCTG) to the U.S. Department of Commerce and U.S. International Trade Commission (ITC) against "anti-dumping" and "countervailing" litigation. Proceedings up to the allotment of 2.7 billion U.S. dollars. This reporter has educated that the U.S. International Trade Commission on April 8 in the day, straight away started a "double reverse" study, the instrumentality has set up a 6-member assembly, embracing managers, economists, accounting and so on.

If the file successfully, it will be the United States since 2006, launched the first of China's 14 "double-anti-" The survey, which is "Obama" after the Government first took office in mainland China for the "double reverse" complaints.

Emergency response

"This clearly is trade protection." Kong ling-ming said, "We are ready to organize enterprises to actively responding to the current form of the enterprises are, will be turned over to the Ministry of Commerce recently."

April 17 Xinye in Hubei Iron and Steel Group at the "Encounter" by the China Iron and Steel Industry Association, and participants with the case is one of 14 representatives of the Chinese iron and steel enterprises.

Despite including Baosteel, Anshan Iron and Steel, Panzhihua Steel and Tianjin Pipe Group and other representatives of large steel enterprises, but in fact, with the "double reverse" case of the enterprises involved in iron and steel enterprises to small and medium-sized exporters. "To the participants to discuss measures the size of 14 enterprises are relatively large, in the United States exports a large quantity of business. The case involves the fact Chinese enterprises reached 212 iron and steel enterprises." Import and export of China Steel Industry Association of one who revealed to reporters.

Ministry of Commerce of China in addition attaches many value to begin an examination in the United States after the first time the Ministry of Commerce distributed a reply to the incident. "First quarter of this year, China's steel and hard metal yield trade overseas quite large decline in rate of trade overseas size down 55%, steel and hard metal enterprises have ran into more difficulties. In this context, the U.S. development grievances request, it should be said out of date. "YAO Jian, spokesperson of the Ministry of Commerce said," We will carry on to pay alertness to 'dual' of the improvement of the case and take advantageous achievement in response. "

Baoshan Iron and Steel Group of the Ministry of Justice said they had obtained the U.S. government dispatched the questionnaire.

It is stated that, ITC will be May 26 before the end of the introductory examination and on June 2 advertised the effects of the introductory investigation.

Regret and worry

"For the United States' dual 'investigation, we have conveyed lament, but furthermore were under immense force, which will undoubtedly be supplementing enterprises." Tianjin Pipe Group Marketing liu jian said.

China's iron alloy trade items to the United States is the major diversity of steel. 2008, China's oil merchandise pipe trade items to the United States has come to about 3.2 billion U.S. dollars, matching to more than 200 billion yuan. And iron alloy trade items to the United States, more than half of all iron alloy products. U.S. businesses that the mean discarding margins as high as 80.72%. Reporter from the China Iron and Steel Association's website that the U.S. iron alloy market demand of about five million tons, China's iron alloy mills accounted for about 2.2 million tons, treasured at an approximated 2.7 billion U.S. dollars.

However, in liu jian, the United States against Chinese hard metal enterprises enterprises the "double reverse" the grievance because the United States goods produced of oil pipe yield to look after their in the household market "under the pretext of" it. According to him, the subject of hard metal deals from China is that the alive of ranking and deliverance lag interval, often when the market demand of the wares set to in a small number months after that, then the market has dropped.

"The U.S. steel industry in the financial crisis, the U.S. oil and gas drilling activity has been in the doldrums, the U.S. steel production enterprises a great deal of inventory, significantly reduced the demand, which makes a lot of the U.S. steel industry faces difficulties." Kong ling ming told reporters said that the United States over the past 9 months a large number of imports from China have become the new oil pipe stock, which is the United States steel companies filed the direct cause of complaint.

In detail, since the second half of 2008 the worldwide financial position to worsen, metal and iron alloy trade items to China has shown a fast decline. Customs facts and numbers display that in January 2009, China exported 1.91 million tons of iron alloy, a record 35 months since the reduced capacity of China's iron alloy trade items, dropped more than 50.

China Iron and Steel Association said beforehand that the pertinent population, "China's hard metal trade overseas this year, very sombre situation." Decline in worldwide hard metal demand as well as the cost of RMB acknowledgement on China's hard metal trade overseas to advance the consequence of the great. Some enterprises trade overseas to none for numerous months.

Well-known professionals in the metal and iron alloy xu xiang chun said that, one time lost in China, China's iron alloy will be to enforce high anti-dumping obligations, the cost benefit will stop to live, that fundamentally means that the Chinese iron alloy market will have to remove from the United States.

"20 billion yuan hard metal trade overseas obstructed, it can be said is a very large scale." Kong lin ming said with emotion.

The "double reverse" Obama is the investigation since he took office, the U.S. government launched China's first "double reverse" survey. "The rapid start, shows that the Democratic Party after the ruling hard-line trade policy." I do not want to be named, the long-term study of Sino-US trade relations expert, told reporters.

Prior to that, Obama has been the Government to other trading partners, launched the two "double reverse" investigation, respectively, for Indonesia and China Taiwan retail cloth bag, Argentina and South Korea's anti-nickel Pistons, while China's steel industry for the "double reverse" Obama has been investigating the Government's third move. "This year's anti-dumping, countervailing the prosecution will be greatly increased over previous years." The experts said.

Xu xiang chun accept as factual that with the shrinking of the international iron alloy market, will boost the number of alike problems. China should discover to use worldwide trade guidelines, defence of China's own interests. At present, personal part little and medium-sized oil pipe mostly decentralized output capability, we should work simultaneously to pattern a answer to the lawsuit.

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