Japan Starts AD Probe in HDG Steel Wire Imports from China & Korea

  • Wednesday, June 16, 2021
  • Source:ferro-alloys.com

  • Keywords:trade,steel wire,Japan
[Fellow]Japan’s Ministry of Economy, Trade and Industry and Ministry of Finance have decided to initiate a new anti-dumping investigation into Hot-dipped galvanized steel wire originating in China and Korea.

[Ferro-Alloys.com]Japan’s Ministry of Economy, Trade and Industry and Ministry of Finance have decided to initiate a new anti-dumping investigation into Hot-dipped galvanized steel wire originating in China and Korea. On March 31, 2021, the Ministry of Finance and Ministry of Economy, Trade and Industry received an application to impose the anti-dumping duties on Hot-dipped galvanized steel wire originating in China and Korea from the applicants Nichia Steel Works Ltd, NS Hokkai Seisen Co Ltd, Galvart Japan Company Limited and Wire Techno Ltd. Both ministries examined the application and found that the application fulfilled the formal requirements for initiating an investigation. As a result, the ministries decided to initiate the investigation. Following those investigations, the Government of Japan will determine whether or not the product has been imported into Japan at dumped prices and if such dumped imports have caused material injury to the domestic industry, in accordance with the provisions of the international rules under the WTO Agreements and related domestic laws and regulations, and make a decision on whether or not to impose the anti-dumping duties on the product subject to the investigation.

The investigation is to be concluded within one year, in principle. The ministries will explore objective evidence collected from interested parties including suppliers in China, Korea and domestic producers, providing opportunities for them to present evidence and information.
 
Hot-dipped galvanized steel wire, is made from the wire of iron or non-alloy steel through the process of drawing and galvanizing, and mainly used for wire nettings (fences, falling stone guard fences, falling stone guard nets, gabions, crimped wire nets and hexagonal wire meshes)and various barbed wires. It is also used for the purpose of bonding including wires for pulp bonding.
 
source:SteelGuru Business News
  • [Editor:李慧]

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