EU Proves Inexistence of AD Issues to Steel Fasteners of Thailand Origin

2013-04-26

 The EU Committee has recently closed the investigation on Thai stainless steel fasteners and stated there was no proof of Thail products being dumped into EU, which would be beneficial to the export of Thai stainless steel fasteners to European markets. The investigation was launched last June due to the suspicion of circumvention of China via Thailand. Stainless steel fasteners from China and Taiwan have to be charged with 11.4-27.4% and 8.8-23.6% taxes respectively according to their CIF(cost, insurance, freight) prices. The EU originally thought that this would cause the circumvention of China via Thailand before products were shipped to the EU.