ITALIANO ENGLISH YOUR CPC ACCOUNT HOME CPC INOX IS PRODUCTS [R]EVOLUTION QUALITY LOGISTICS NEWS CONTACT US NEWS IT IS THE TURN OF CHINA IN THE DUTY WAR Friday, March 22, China announced provisional duties on stainless steel import from the EU. The Beijing Ministry of Commerce has announced the implementation of provisional tax rates, which were in force since March 23, 2019, and are related to stainless steel billets and stainless steel hot coils produced in the European Union, Japan, South Korea and Indonesia. The decision was taken as a consequence of the investigation initiated on 23 July 2018 by the Chinese anti-dumping authorities following the complaint filed by the manufacturer Shanxi Taigang Stainless Steel. According to the manufacturer, in fact, foreign imports determined an excessive fall in domestic market quotations, leading the price to drop by 18.3% relative to 2014. The new rates thus aim to stengthen local production: for all exporters in the European Union the duties are 43%; for Japanese companies the average duty is 29%, with the exception of Nippon Yakin Kogyo, for which a rate of 18.1% applies. Korea is more affected by the measure, with an average tax rate of 103.1%, with the exception of Posco with 23.1%. Finally, a single duty at 20.2% is applied to Indonesia. 1 APRIL 2019 Share this entry LATEST NEWS CPC PEOPLE – Rossella Buffolino presents the packaging project Our first 45 years Steel and architecture : Cloud Gate A TUBE FOR EVERY NEED CPC People – Riccardo Quacquarelli the master of the Slitters Do you want to keep up-to-date with news about CPC Inox? Subscribe to the newsletter by filling the form with your name and e-mail! * indicates required Email Address * First Name Last Name ARCHIVES October 2021 September 2021 July 2021 June 2021 May 2021 April 2021 March 2021 February 2021 January 2021 December 2020 October 2020 September 2020 August 2020 July 2020 June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 ITALY CPC INOX S.p.A. Legal address Administration Via Senofonte, 4 20145 Milano Tel: +39.02.95.00.42.1 Fax: +39.02.95.00.42.333 General Management Sales Department Production site Via Alfieri, 11 20060 Basiano (MI) Tel: +39.02.95.00.42.1 Fax: +39.02.95.00.42.333 Production site Via Monza, 71 20060 Gessate (MI) Tel: +39.02.95.00.42.1 Fax: +39.02.95.00.42.333 FRANCE CPC INOX France 119 rue de Créqui 69006 Lyon Tel: +33.(0)4.72.47.95.95 Fax: +33.(0)4.78.90.52.84 GERMANY CPC INOX Deutschland GmbH Friedrich-Dürr-Straße 64 A 74074 Heilbronn Tel: +49.7131.27.57.020 Fax: +49.7131.27.57.029 © Copyright 2020 - P.IVA IT13336550150 - C.F. E REG. IMPR. MI 02801530961 - REA MI - 1566138 - CAPITALE SOCIALE 10.000.000€ - Privacy - CREDITS