Ministry of Economy, Trade and Industry continues appeal to stop Chinese antidumping duty on Japanese high grade stainless seamless pipe. METI’s director iron and steel division Koichi Shiota attends hearing for the investigation held by Chinese Ministry of Commerce in June. Mr. Shiota repeats Chinese government shouldn’t impose such duty on Japanese products when high grade Japanese products don’t compete with Chinese products and don’t damage Chinese industry.Mr. Shiota attended hearing on May 9 held by bureau of fair trade for imports and exports of MOFCOM in Beijing. He expressed regret when MOFCOM announced preliminary affirmative determination on the dumping on May 8. Mr. Shiota also seeks Chinese officials’ fair investigation based on international rule. Mr. Shiota attends another hearing on June 7 held by bureau of industry injury investigation of MOFCOM. He presents opinion on the preliminary determination, which set maximum 39.2% of preliminary duty for Japanese products.
Japan Steel Scrap Composite Prices (Sangyo Press)10/18/2018
|36200YEN (-)||41300YEN (-)|
|318.38US$ (-0.82)||363.24US$ (-0.93)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)