Update on responding to anti-dumping investigations on galvanized sheet products imported from China and Ukraine
On June 29, 2018, the Eurasian Economic Commission issued an announcement to initiate an anti-dumping investigation against galvanized sheet products imported from China and Ukraine. According to the documents submitted by the applicant companies, the Eurasian Economic Commission said that in 2017, China and Ukraine's galvanized steel was exported to the Eurasian Economic Union countries at dumping prices. Among them, the dumping margin of Chinese producers was 16.4%, and that of Ukrainian producers was 25.6%.
China Iron and Steel Industry Association organized relevant export enterprises to respond actively. Our company and Baosteel, Bayi Iron and Steel, Anshan Iron and Steel, Jiugang and other enterprises have jointly responded to the lawsuit and participated in the industry without injury defense. At present, they have completed the registration of respondents and obtained the status of cooperative enterprises. At that time, we can enjoy a low export tax rate, and the final survey results will be announced in one year to a year and a half.