24
China announces anti-
Guangzhou Fastener Trade
dumping investigation
Show dates confirmed
against EU imports
Chinafastener.info, organiser of the Fastener Trade Show staged in Guangzhou
September last year, has confirmed the dates for the 2009 event will be 23-25
In an announcement published on 29 December the
September. The show moves to a different venue – the Guangzhou Jinhan
Chinese Ministry of Commerce confirmed that it was
Exhibition Center, on Liuhua Road.
initiating an anti-dumping investigation on iron and
The organisers have reserved 12,500 square metres of exhibition space and are
steel fasteners imported from the European
aiming for 600 exhibitors, covering fasteners, manufacturing equipment, tooling,
Community. The announcement follows the
surface treatment and raw materials, with an expectation of 12,000 visitors. Last
submission of a petition on 1 December from the
year’s show reported 400 exhibitors, of which 170 occupied shell scheme-type full
Chinese Fasteners Industry Association.
booths. The remainder were ‘poster-exhibitors’. The 2008 show coincided with the
The announcement confirms the petitioner’s
established Asia-Mold exhibition, also staged in Guangzhou, which had aspirations
qualifications, in accordance with China’s regulations on
anti-dumping, and the approval of evidence presented in
to develop a fastener element under the AsiaFastener banner. Reports from both
relation to alleged dumping, injury and the causal link
shows clearly indicated that the Fastener Trade Show attracted the lion’s share of
between the two.
exhibitors, with AsiaMold having only a handful of fastener companies. This year
The period of investigation is 1 July 2007 to 30 June,
AsiaMold is scheduled for 16-19 September.
2008 and the period of injury investigation 1 January,
www.fastenertradeshow.info
2005 to 30 September, 2008. The investigation covers a
wide range of iron or steel fasteners, normally declared
under the Customs Tariff Codes: 73181200, 73181400,
Two day Symposium in
73181500, 73182100 and 73182200. The range
effectively parallels that investigated by the European
Shanghai
Commission in relationship to imports from the People’s
Republic of China. The Chinese investigation started on 27
December, 2008 and would usually be expected to con-
The 19th National Fastener Economy Commission’s anti-dumping investigation,
clude before 29 December, 2009, although it may be ex-
Trade and Technology Symposium and the announcement of China’s own
tended to 29 June, 2010. International trade data
was held at Shanghai Everbright investigation into alleged dumping of
indicates that the value of imports involved in 2007 was
International Hotel from 25-26, fastener products from the European
approximately 135 million euros.
December, 2008. The event was Union. Market trend reports for both the
Chinese news reports suggest that the application of
hosted by Mr. Feng Jinyao, president Chinese fastener industry and other Asian
EU anti-dumping would result in a third of Chinese of the China Fastener Industry fastener industries were also presented,
fastener exporting factories closing, with an estimated Association. together with assessments of the current
loss of foreign earnings of 400 million euros per year. The agenda, contrasting substantially domestic and global economic situation
CFIA president Feng Jinyao confirmed to Chinese media with previous symposia, reflected and conditions in the raw material market.
that the association had offered price limits and volume challenging conditions in the fastener More than 400 companies are reported
controls to the European Commission but these had not industry during 2008. Reports covered to have attended the table-top exhibition
been accepted. He added, “The Ministry of Commerce of
China’s various responses to the European held on the second day.
the People’s Republic of China, has made a quick
response to this anti-dumping case. We exert pressures
on EU through legal means. Also, this is an important
action to protect China's national industry, which will
increase the confidence of domestic enterprises."
Haiyan Exhibition
Forty-seven Chinese companies are understood to
have supported the petition for an anti-dumping
investigation, most privately owned enterprises from
at CIFC
several different provinces.
According to Mr. Fu Donghui, the attorney for the
The Fifth Haiyan Fastener Import and Export Trade Exhibition took place in
Chinese fastener enterprises, the main exporters involved
the China International Fastener Exhibition & Purchasing center (CIFC),
in the anti-dumping investigation were in Germany. He
Haiyan, from 18 to 20 December.
said there had been a rapid increase in the volume of EU
The exhibition was organised by the Haiyan Fastener institute, Haiyan Council
fastener products at lower prices, “seriously restraining”
for Promotion of International Trade, Haiyan Foreign Economic Co-operation and
the sales price of Chinese carbon steel fastener products.
Trade Bureau, CIFC and Hangzhou Xinguang expo co., Ltd.
One list of EU fastener exporters to China seen by this
Chinafastener.com reports 400 exhibitors at the event, which is a table-top
magazine does confirm that many of the companies
show. Half of the exhibitors were from Haiyan, with 90% of Haiyan Fastener
whose trade will come under scrutiny are distributors or
Institute members taking part. International buyers from Germany, America,
manufacturers not believed to be active supporters of the
Spain, Canada and Mexico are reported to have attended. The show is staged
EIFI anti-dumping complaint that triggered the EC
twice a year at the CIFC, a project that has been under development since the
investigation.
second half of 2006.
(Additional material provided by
Chinafastener.com)
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