China Financial Daily

Ministry of Commerce-oriented electrical steel imports from the United States to implement dual-counter-investigation
December 10, 2009, the Ministry of Commerce issued Notice No. 2009, No. 99, released a report on imports originating in the United States-oriented electrical steel anti-dumping and countervailing investigations and imports originating in Russia-oriented electrical steel anti-dumping investigation of the preliminary ruling .

Fair Trade Bureau of the Ministry of Commerce official said that this is China’s first anti-subsidy investigation on imported products, but also the first time a country’s imports came from the same time, anti-dumping and countervailing investigations, namely “double reverse” survey. China investigating authorities in this case the investigation process to comply with Chinese laws and WTO rules, and insist on fair, reasonable and procedural due process and transparency principles, in accordance with the law and the facts to make a preliminary ruling.

Investigating authorities initially determined that originating in the United States and Russia, there is the import-oriented electrical steel dumping of imports originating in the United States-oriented electrical steel of subsidies, China’s domestic-oriented electrical steel industry have been substantial damage, and dumping, subsidies and between the material injury a causal relationship, and decided to December 11, 2009 from imports from the United States and Russia-oriented electrical steel levy the appropriate margin. American companies dumping margin of 10.7% – 25% ad valorem subsidy rate was 11.7% -12.0%; Russia’s dumping margin of 4.6% -25%. The investigating authorities will be based on the results of further investigation, according to the law to make objective and fair final.

The product is owned by the “The People’s Republic of China Import and Export Tariff”: 72.2511 million and 72.2611 million.