Posted on 10 Nov 2023
China’s Ministry of Commerce stated on 9 November that it accepted the World Trade Organisation’s (WTO’s) ruling and recommendations, and had begun to re-investigate anti-dumping measures against Japanese stainless steel products, Kallanish notes.
The products, which are stainless steel billets, hot rolled coils and plates, involved in the case come under HS codes 72189100, 72189900, 72191100, 72191200, 72191312, 72191319, 72191322, 72191329, 72191412, 72191419, 72191422, 72191429, 72192100, 72192200, 72192300, 72192410, 72192420, 72192430, 72201100, and 72201200.
On 22 July 2019, China decided to impose AD duties on these stainless steel products originating from Japan, as well as the European Union, South Korea and Indonesia. The duty rate against Japanese products is 29%, while Nippon Yakin Kogyo Co., Ltd enjoys a rate of 18.1%.
About two years later, Japan applied to the Dispute Settlement Body (DSB) of WTO for consultation on this issue.
In June this year, WTO gave a report, which was adopted in July, to express support for Japan’s demands in essence. “We recommend that China bring its measures into conformity with its obligations under the Anti-Dumping Agreement,” WTO concludes (see Kallanish 21 June).
China now requests related parties to register online and submit completed questionnaire and comments within ten days from Thursday. A WTO announcement suggests that the reasonable period of time for China to implement the recommendations and rulings of the DSB shall expire on 8 May 2024.
Source:Kallanish
