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On July 7, the Chinese Ministry of Commerce issued a report saying that after countervailing and anti-dumping investigations on metal wire mesh trays originating in China, the US International Trade Commission announced the final results of the investigation of industrial damages and concluded that they originated in China. This product did not cause substantial damage or material damage to the US industry**.
The metal mesh tray double reverse case mainly involved three Chinese companies, including Dalian Yifeng Metal Products Co., Ltd., and the company's Dalian Yifeng Storage Supplies Co., Ltd. The total exports of these two companies accounted for more than two-thirds of the entire Chinese wire mesh trays exported to the United States.
Since the US investigation began in May last year, Dalian Yifeng has spent more than 3 million yuan for active defense. “We have won China's first victory in the US ITC harmless case to the US iron and steel products industry in a few years!” After learning of the news of victory, Song Binbing, general manager of Liaoning Yifeng Metal Products Co., Ltd., linked the notice to the website for the first time.
According to U.S. statistics, in 2008, China’s export of products involving the United States involved approximately 317 million U.S. dollars. With more than 300 million in exchange for more than 300 million, Song Binbing seems very cost-effective.
“This industry has no harm case and is a defense filed by the company and US partners on behalf of the entire Chinese wire mesh pallet industry to the US International Trade Commission. Because our two companies’ exports account for the entire Chinese wire mesh market in the United States. Most of the trays, we should pick up this banner of active defense.” Song Bin Bing said.
On June 4, 2010, the U.S. Department of Commerce finalized the decision to impose anti-dumping punitive tariffs ranging from 14.24% to 143% on China-made wire mesh trays.
Entrusted by the Chinese Ministry of Commerce, the China Light Industry Industry Association later organized an industry coordination meeting in Beijing. With the help of a law firm, it was discovered that the US Department of Commerce had made a significant calculation error when calculating anti-dumping duties.
Song Binbing pointed out: “The US prosecution lawyer has no objection to this obvious calculation error. From this calculation, our company’s dumping margin should be 1.85%. According to U.S. law, if the dumping margin is lower than 2%, it will The anti-dumping tax rate is set to 0, which confirms that we have no dumping."
For such double rebellion cases against China, the Ministry of Commerce has always encouraged companies to respond positively. According to the Ministry of Commerce, “The victory of this defense not only resulted in a substantial reduction in the final approval tax rate, but also resulted in no measures to close the case through damage defense, benefiting the entire industry. It has saved the market share of Chinese companies' exports to the United States."
January 04, 2023
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January 04, 2023
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