BRUSSELS TO PREVENT CHINESE STEEL FASTENER EXPORTERS FROM EVADING ANTIDUMPING DUTIES
March 1st, 2013
The European Commission wants an existing definitive anti-dumping duty of 24.7% imposed on imports into the European Union (EU) of some China-made stainless steel fasteners to be extended to similar exports from the Philippines. The concern is that Chinese exporters have illicitly used certain Filipino companies to export these stainless steel screws and bolts, including wood screws and self-tapping screws, to the EU as Philippines-made, to avoid the duty. Meanwhile, following an investigation, Brussels has also decided to clear Thailand and Malaysia companies of ...
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