China's steel enterprises unite to cope with anti-dumping case

16:41, October 10, 2009      

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On October 7, the U.S. Department of Commerce declared that it will launch anti-dumping and countervailing investigations on seamless steel tubes imported from China. China Iron and Steel Association (CISA) is coordinating the enterprises in order to cope with the investigations

China's Ministry of Commerce (MOFCOM) of China has adopted a "multi-facet" strategy to cope with the situation, and a coordinated coping mechanism integrating the MOFCOM, local governments, industrial associations and related enterprises is expected to soon form.

CISA is coordinating the enterprises in order to cope with the investigations, said Wu Xinchun, deputy secretary general of the CISA. "Most of the enterprises producing seamless steel tubes are small and medium-sized private enterprises with distributed productivity. They must make a concerted effort to cope with the investigations." Wu believes that the enterprises must learn to effectively use international trade laws and actively cope with the investigations to protect China's interests. He said that China is likely to submit the case to the WTO's Dispute Settlement Mechanism.

As a major exporter of seamless steel tubes, the Hengyang Steel Tube Group said that it has already made preparations to appear in court. "Steel tube enterprises should join forces and respond to the investigation on behalf of the industry." Wang Jun, secretary-general of the Board at China Valin Iron and Steel Group said that the enterprises will unite and jointly respond to the investigation in a business model similar to that adopted by China to cope with an anti-dumping investigation by the EU.

By People's Daily Online
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