Ministry of Commerce of the People’s Republic of China made the final decision that dumping did damages to Chinese market in the antidumping investigation for import of Certain High-performance Stainless Steel Seamless Tubes made in Japan and EU. China places AD taxes of up to 14.4% on items made in Japan for 5 years. Japan side had been hanging out that highly-functional items made in Japan that China cannot manufacture, don’t compete with them made in China, and Japan had been appealing avoidance of AD. But China didn’t accept it.
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)