EU to cancel anti-dumping duties on castings and electromechanical products must still be cautious

[Mechatronic Online News] On September 2, 2011, the European Commission issued an announcement that the European Union decided to cancel the anti-dumping duty on the highest 47.8% of China's related products. That is, the EU no longer imposes any anti-dumping duties on China's casting products. At the same time, the European Commission will monitor the export of our castings for not more than 24 months. Therefore, the relevant person in charge of the Electrical and Mechanical Commerce Association stated that the export of the company still needs to be cautious and avoid low-cost vicious competition.

In fact, there have been numerous cases of international anti-dumping sanctions on China's exports. In particular, the electromechanical industry is even more exposed to anti-dumping “hard-hit areas.” In recent years, anti-dumping taxes against various mechanical and electrical products have emerged in an endless stream, giving many domestic companies The business has brought great difficulties, and even some companies are on the verge of failing to adapt to changes.

In the face of a changing international trade environment, it is obvious that China’s electromechanical companies should have some understanding and be prepared.

According to the electromechanical online editor, the international community, and especially the European Union, have long been involved in the collection of various anti-dumping duties on China's machinery and electronic products. As early as on the 6th of 2009, the EU Council of Ministers ruled that China’s loss of European seamless steel pipes poses a threat to EU industry and decided to impose a final anti-dumping duty of 17.7% to 39.2%.

In May 2010, due to the impact of cheap products from China, the market share of EU manufacturers’ products shrank dramatically. The European Commission decided to impose a temporary anti-dumping tax of up to 20.6% on imported aluminum wheels from China. Industry sources stated that this impact on China's electromechanical companies is relatively large. China's exports of aluminum wheels to the EU account for about 15% of global exports.

In August 2011, the EU will extend the anti-dumping duty imposed on China's bicycles for another 18 years, which will be extended to 2016. The anti-dumping duty was originally scheduled to expire in October 2011, which is also the third extension of anti-dumping duties imposed on Chinese bicycles. According to relevant sources in the machinery and electronics industry, Chinese export enterprises have lost between 200 million and 300 million U.S. dollars each year due to the EU's irrational measures on Chinese bicycles in the past decade or so.

It is reported that although the European Commission decided in July 2010 to resume the anti-dumping duty imposed on China's casting export enterprises by up to 47.8%, the cause was the violation of the price commitment agreement by individual companies in China, but in view of the current international economic environment, due to the recent years The global economic downturn has caused new trade protectionist forces to rise.

Some economists said that due to the weak restrictions on anti-dumping behavior of various countries in the WTO, even if there is no real dumping, a certain product may still be considered as dumping. This weakness of the anti-dumping rules makes anti-dumping and the world economic situation. The ups and downs are closely linked. When the global economic situation is in the doldrums, anti-dumping has often become the first choice for countries around the world to implement trade protection.

Although China has made great efforts to deal with anti-dumping duties on various issues concerning the collection of anti-dumping duties, export-oriented electromechanical companies will suffer losses in any event once anti-dumping duties are implemented. It is believed that the electromechanical companies still have to recognize the situation in international trade, understand the various factors arising from anti-dumping duties, and do a good job in responding to measures before they can formulate a reasonable strategy, avoid being anti-dumped, and reduce losses as much as possible.