On December 14, the disclosure document finally released by the European Commission showed that the EU would impose dumping tax rates on steel fasteners originating in the people's Republic of China, ranging from 22.1% to 86.5%.
The summary of the final information disclosure document is as follows:
AD676 - anti dumping procedure on the import of certain steel fasteners from the people's Republic of China
After receiving the opinions of relevant parties on the final disclosure, the benchmark used for power cost was adjusted. Details of the revised calculation results have been provided to the sampled export producers in a specific disclosure. Therefore, it is necessary to add the following description of the general disclosure document on November 16, 2021:
(1) After the final disclosure, Jiangsu claimed that the inflation adjustment of the electricity price adjusted by the European Commission from November 2018 had not been realized because the electricity price in Thailand had not changed to reflect any inflation. Jiangsu further claimed that the European Commission did not provide reasons for the need for adjustment. In addition, the European Commission did not adjust the inflation rate of water and gas, nor did it provide any reason.
(2) Ningbo Jinding said that since the electricity tariff benchmark is based on the electricity price published in the billing month in November 2018, the European Commission adjusted it to the middle of the survey period according to the applicable inflation rate, which is not the actual fee paid by Thai power consumers during the survey period. It is pointed out that the conditions related to the electricity price listed on the web page [1] are extracted by the Committee from the electricity price applicable during the survey period, "the monthly electricity charge, including the electricity charge according to the electricity price; and the energy adjustment fee". Therefore, the committee should adopt energy adjustment fees rather than inflation adjustment fees.
(3) The Committee reviewed the tariff conditions in Thailand, And confirm the energy adjustment cost of power suppliers in Thailand (which does include elements of price changes) is adjusted periodically. Therefore, it adjusts the electricity benchmark used in the energy adjustment cost, rather than the inflation adjustment for the three sample export producers. Unlike the electricity benchmark based on the November 2018 bill, it needs to be adjusted to the above survey period, and the water and gas benchmark applied by the committee is already related to the survey period Therefore, no further adjustments were made.
(4) Ningbo Jinding also claimed that because the actual voltage level of the company exceeded 12kV, the Commission adopted the wrong voltage level for the electricity price charged by Ningbo Jinding during the investigation. The Committee has reviewed and adjusted the benchmark of Ningbo Jinding voltage level, which is confirmed by the evidence collected in the remote cross inspection to be related to the electricity price charged to Ningbo Jinding during the investigation.
Taking into account the above adjustments, the percentage of dumping margin in CIF border delivery price is adjusted as follows:
Anti dumping, fasteners, EU, steel fasteners, anti-dumping tax rate
General remarks
The committee will issue and process all other comments submitted by interested parties no later than February 18, 2022.
The original text of the final information disclosure document is as follows:
