Council Implementing Regulation (EU) No 2/2012 of 4 January 2012 imposing a definitive anti-dumping duty on imports of certain stainless steel fasteners and parts thereof originating in the People’s Republic of China and Taiwan following an expiry review pursuant to Article 11(2) of Regulation (EC) No 1225/2009

Type Implementing Regulation
Publication 2012-01-07
Last updated 2012-01-08
State Expired
Department Council of the European Union
Source EUR-Lex
articles 2
Reform history JSON API

COUNCIL IMPLEMENTING REGULATION (EU) No 2/2012

of 4 January 2012

imposing a definitive anti-dumping duty on imports of certain stainless steel fasteners and parts thereof originating in the People’s Republic of China and Taiwan following an expiry review pursuant to Article 11(2) of Regulation (EC) No 1225/2009

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Council Regulation (EC) No 1225/2009 of 30 November 2009 on protection against dumped imports from countries not members of the European Community ([^E0001]) (‘the basic Regulation’), and in particular Article 11(2) thereof,

Having regard to the proposal submitted by the European Commission (‘Commission’) after consulting the Advisory Committee,

Whereas:PROCEDURE Measures in force

Request for an expiry review

Initiation of an expiry review

Investigation Review investigation period and the period considered

Parties concerned by the investigation

PRODUCT CONCERNED AND LIKE PRODUCT

LIKELIHOOD OF CONTINUATION OR RECURRENCE OF DUMPING

PRC Preliminary remarks

Dumping of imports during the RIP

Development of imports should measures be repealed

Spare capacity of the PRC exporting producers

Attractiveness of the Union market

Export to third countries

Conclusion of the likelihood of continuation or recurrence of dumping

Taiwan Preliminary remarks

Dumping of imports during the RIP Normal value

Export price

Comparison

Dumping margin

Development of imports should measures be repealed

Spare capacity of the exporters

Attractiveness of the Union market

Export prices to third countries

Conclusion of the likelihood of continuation or recurrence of dumping

DEFINITION OF THE UNION INDUSTRY Union production

Union industry

SITUATION ON THE UNION MARKET Preliminary remark

Union consumption

Table 1

2007 2008 2009 RIP
Total Union consumption (tonnes) 123 224 120 598 101 143 121 402
Index (2007 = 100) 100 98 82 99

Volume, market share and prices of imports from the countries concerned Cumulation

Dumped imports from the PRC and Taiwan

Table 2

2007 2008 2009 RIP
Volume of imports from countries concerned (tonnes) 8 559 6 636 6 154 8 795
Index (2007 = 100) 100 78 72 103
Market share of imports from countries concerned 6,9 % 5,5 % 6,1 % 7,2 %
Index (2007 = 100) 100 79 88 104
Average import price from the countries concerned (EUR/tonne) 4 998 4 709 4 656 4 730
Index (2007 = 100) 100 94 93 95

Price undercutting

Economic situation of the Union industry Preliminary remarks

Production

Table 3

2007 2008 2009 RIP
Production (tonnes) 74 514 69 514 56 396 62 213
Index (2006 = 100) 100 93 76 83
Source: Macro data. Source: Macro data. Source: Macro data. Source: Macro data. Source: Macro data.

Capacity and capacity utilisation

Table 4

2007 2008 2009 RIP
Production capacity (tonnes) 148 039 140 743 127 200 128 881
Index (2006 = 100) 100 95 86 87
Capacity utilisation 50 % 49 % 44 % 48 %
Index (2006 = 100) 100 98 88 96
Source: Macro data. Source: Macro data. Source: Macro data. Source: Macro data. Source: Macro data.

Stocks

Table 5

2007 2008 2009 RIP
Closing stock (tonnes) 9 688 7 465 6 964 7 139
Index (2006 = 100) 100 77 72 74
Source: Micro data. Source: Micro data. Source: Micro data. Source: Micro data. Source: Micro data.

Sales volume

Table 6

2007 2008 2009 RIP
EU Sales volume to unrelated customers (tonnes) 62 326 56 042 44 627 46 851
Index (2007 = 100) 100 90 72 75
Source: Macro data. Source: Macro data. Source: Macro data. Source: Macro data. Source: Macro data.

Market share

Table 7

2007 2008 2009 RIP
Market share of the Union industry 50,6 % 46,5 % 44,1 % 38,6 %
Index (2007 = 100) 100 92 87 76
Source: Macro data. Source: Macro data. Source: Macro data. Source: Macro data. Source: Macro data.

Growth

Employment

Table 8

2007 2008 2009 RIP
Employment product concerned (persons) 954 1 007 863 886
Index (2007 = 100) 100 106 90 93
Source: Macro data. Source: Macro data. Source: Macro data. Source: Macro data. Source: Macro data.

Productivity

Table 9

2007 2008 2009 RIP
Productivity (tonnes per employee) 78,1 69 65,3 70,2
Index (2007 = 100) 100 88 84 90
Source: Macro data. Source: Macro data. Source: Macro data. Source: Macro data. Source: Macro data.

Sales prices and factors affecting domestic prices

Table 10

2007 2008 2009 RIP
Average sales prices (EUR/tonne) 5 842 4 437 2 914 3 803
Index (2007 = 100) 100 76 50 65
Source: Micro data. Source: Micro data. Source: Micro data. Source: Micro data. Source: Micro data.

Wages

Table 11

2007 2008 2009 RIP
Annual labour cost per employee (EUR thousand) 47 44 41 42
Index (2007 = 100) 100 94 87 88
Source: Micro data. Source: Micro data. Source: Micro data. Source: Micro data. Source: Micro data.

Investments

Table 12

2007 2008 2009 RIP
Net investments (EUR thousand) 2 504 9 899 3 087 2 299
Index (2007 = 100) 100 395 123 92
Source: Micro data. Source: Micro data. Source: Micro data. Source: Micro data. Source: Micro data.

Profitability and return on investments

Table 13

2007 2008 2009 RIP
Net Profit of EU sales to unrelated customers (% of net sales) 7 % –9 % –36 % –3 %
ROI (net profit in % of net book value of investments) 29 % –16 % –41 % –17 %
Source: Micro data. Source: Micro data. Source: Micro data. Source: Micro data. Source: Micro data.

Cash flow and ability to raise capital

Table 14

2007 2008 2009 RIP
Cash flow (EUR thousand) 15 899 –698 –12 357 –8 271
Index (2007 = 100) 100 –4 –78 –52
Source: Micro data. Source: Micro data. Source: Micro data. Source: Micro data. Source: Micro data.

Magnitude of dumping margin

Recovery from the effects of past dumping

Impact of dumped imports and other factors Impact of the dumped imports

Impact of the economic crisis

Imports from other countries

Table 15

2007 2008 2009 RIP
Volume of imports from other countries (tonnes) 52 339 57 920 50 362 65 756
Index (2007 = 100) 100 111 96 126
Market share of imports from the other countries 42,5 % 48,0 % 49,8 % 54,2 %
Price of imports from the other countries (EUR/tonne) 5 830 4 993 4 384 4 196
Index (2007 = 100) 100 86 75 72
Volume of imports from India (tonnes) 8 282 13 667 16 776 19 945
Index (2007 = 100) 100 165 203 241
Market share of imports from India 6,7 % 11,3 % 16,6 % 16,4 %
Price of imports from India (EUR/tonne) 4 632 3 758 3 123 3 164
Index (2007 = 100) 100 81 67 68
Volume of imports from Philippines (tonnes) 6 048 7 046 5 406 13 854
Index (2007 = 100) 100 117 89 229
Market share of imports from Philippines 4,9 % 5,8 % 5,3 % 11,4 %
Price of imports from Philippines (EUR/tonne) 5 685 4 645 3 474 3 505
Index (2007 = 100) 100 82 61 62
Volume of imports from Malaysia (tonnes) 13 548 13 712 9 810 9 933
Index (2007 = 100) 100 101 72 73
Market share of imports from Malaysia 11,0 % 11,4 % 9,7 % 8,2 %
Price of imports from Malaysia (EUR/tonne) 5 062 4 203 2 963 3 068
Index (2007 = 100) 100 83 59 61

Conclusion

LIKELIHOOD OF CONTINUATION OF INJURY Relationship between export volumes and prices of the countries concerned to third countries and export volumes and prices to the Union

Unused capacity in the countries concerned

Conclusion

UNION INTEREST Introduction

Interest of the Union industry

Interest of importers/users

Conclusion

ANTI-DUMPING MEASURES

HAS ADOPTED THIS REGULATION:

Article 1

1.

A definitive anti-dumping duty is hereby imposed on imports of certain stainless steel fasteners and parts thereof, currently falling within CN codes 7318 12 10 , ex 7318 14 10 (TARIC codes from the day following the publication of Commission Implementing Regulation (EU) No 830/2014 ([^E0010]): 7318141051 , 7318141059 , 7318141081 and 7318141089 ), 7318 15 30 , 7318 15 51 , 7318 15 61 and 7318 15 70 and originating in the People's Republic of China and Taiwan.

Bi-metal fasteners, defined as: bi-metal self-drilling screws, having a shank and head of stainless steel and a point and leading threads of carbon steel, which are welded together allowing the screw to self-drill its own pilot hole and cut its own thread into hard steel metal; and bi-metal self-tapping screws, having a shank and head of stainless steel and leading threads of carbon steel which are welded together, allowing the screw to cut its own thread into hard steel metal; both currently falling within CN code ex 7318 14 10 , shall not be covered by the definitive anti-dumping duty.

2.

The rate of the definitive anti-dumping duty applicable to the net, free-at-Union-frontier price, before duty, for products manufactured by the companies listed below shall be as follows:

Country Companies AD duty rate (%) TARIC additional code
PRC Tengzhou Tengda Stainless Steel Product Co. Ltd, Tengzhou City 11,4 A650
PRC Tong Ming Enterprise (Jiaxing) Co. Ltd, Zhejiang 12,2 A651
PRC All other companies 27,4 A999
Taiwan Arrow Fasteners Co. Ltd, Taipei 15,2 A653
Taiwan Jin Shing Stainless Ind. Co. Ltd, Tao Yuan 8,8 A654
Taiwan Min Hwei Enterprise Co. Ltd, Pingtung 16,1 A655
Taiwan Tong Hwei Enterprise, Co. Ltd, Kaohsiung 16,1 A656
Taiwan Yi Tai Shen Co. Ltd, Tainan 11,4 A657
Taiwan Companies listed in the Annex 15,8 A649
Taiwan All other companies 23,6 A999
3.

Unless otherwise specified, the provisions in force concerning customs duties shall apply.

4.

Where any exporting producer in Taiwan provides sufficient evidence to the Commission that:

the Annex may be amended by adding the new exporting producer to the cooperating companies not included in the sample and thus subject to the weighted average duty rate of 15,8 %.

Article 2

This Regulation shall enter into force on the day following its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

ANNEX

(TARIC additional code A649 )

A-STAINLESS INTERNATIONAL CO. LTD, Taipei

BOLTUN CORPORATION, Tainan

CHAEN WEI CORPORATION, Taipei

CHIAN SHYANG ENT CO. LTD, Chung-Li City

CHONG CHENG FASTENER CORP., Tainan

DIING SEN FASTENERS & INDUSTRIAL CO. LTD, Taipei

DRAGON IRON FACTORY CO. LTD, Kaohsiung

EXTEND FORMING INDUSTRIAL CORP. LTD, Lu Chu

FORTUNE BRIGHT INDUSTRIAL CO. LTD, Lung Tan Hsiang

FWU KUANG ENTERPRISES CO. LTD, Tainan

HSIN YU SCREW ENTERPRISE CO. LTD, Taipin City

HU PAO INDUSTRIES CO. LTD, Tainan

J C GRAND CORPORATION, Taipei

JAU YEOU INDUSTRY CO. LTD, Kangshan

JOHN CHEN SCREW IND CO. LTD, Taipei

KUOLIEN SCREW INDUSTRIAL CO. LTD, Kaohsiung

KWANTEX RESEARCH INC., Tainan

LIH LIN ENTERPRISES & INDUSTRIAL CO. LTD, Taipei

LIH TA SCREW CO. LTD, Kweishan

LU CHU SHIN YEE WORKS CO. LTD, Kaohsiung

M & W FASTENER CO. LTD, Kaohsiung

MULTI-TEK FASTENERS & PARTS MANIFACTURER CORP., Tainan

NATIONAL AEROSPACE FASTENERS CORP., Ping Jen City

QST INTERNATIONAL CORP., Tainan

SEN CHANG INDUSTRIAL CO. LTD, Ta-Yuan

SPEC PRODUCTS CORP., Tainan

SUMEEKO INDUSTRIES CO. LTD, Kaohsiung

TAIWAN SHAN YIN INTERNATIONAL CO. LTD, Kaohsiung

VIM INTERNATIONAL ENTERPRISE CO. LTD, Taichung

YEA-JANN INDUSTRIAL CO. LTD, Kaohsiung

ZONBIX ENTERPRISE CO. LTD, Kaohsiung

ZYH YIN ENTERPRISE CO. LTD, Kaohsiung

[^E0001]: OJ L 343, 22.12.2009, p. 51.

[^E0002]: OJ L 302, 19.11.2005, p. 1.

[^E0003]: OJ L 221, 25.8.2009, p. 1.

[^E0004]: OJ C 129, 19.5.2010, p. 16.

[^E0005]: OJ C 315, 19.11.2010, p. 7.

[^E0006]: Council Regulation (EC) No 91/2009 (OJ L 29, 31.1.2009, p. 1).

[^E0007]: According to Eurostat Comext database.

[^E0008]: Council Regulation (EC) No 91/2009.

[^E0009]: Council Implementing Regulation (EU) No 723/2011 (OJ L 194, 26.7.2011, p. 6).

[^E0010]: Commission Implementing Regulation (EU) No 830/2014 of 30 July 2014 amending Council Regulation (EC) No 1890/2005, Council Implementing Regulation (EU) No 2/2012 and Council Implementing Regulation (EU) No 205/2013 as regards the product scope of the current anti-dumping measures concerning stainless steel fasteners and parts thereof, and as regards newcomer review requests, and providing for the possibility of repayment or remission of duties in certain cases (OJ L 228, 31.7.2014, p. 16).

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