China makes final ruling to levy AD tariffs on stainless steel billet & hot-rolled stainless steel plate (coil) from 4 regions

According to the news from Chinese Customs Tariff Commission of the State Council, China made a final ruling of anti-dumping case on imported stainless steel billet and hot-rolled stainless steel plate (coil) from the EU, Japan, South Korea, and Indonesia, and defined that those products did lead the domestic industry to get hurt during the investigation period.

Due to the ruling, the import tariff on Japanese steelmakers was 29.0%, except Japanese Nippon Yakin Kogyo Co., Ltd, which got the special tariff by 18.1%; the import tariff on South Korean steelmakers was 103.1%, except POSCO, which got the special tariff by 23.1%; the import tariff on Indonesian steelmakers was 20.2%; the import tariff on EU’s steelmakers was 43.0%.

For those products which involved this time were under the HS code with 72189100, 72189900, 72191100, 72191200, 72191312, 72191319, 72191322, 72191329, 72191412, 72191419, 72191422, 72191429, 72192100, 72192200, 72192300, 72192410, 72192420, 72192430, 72201100, and 72201200.