Russia, Turkey and other countries launch anti-dumping duties on stainless steel tableware in China
Reporter from Jinan Customs The Binzhou office learned that since 2015, Russia, Turkey and other countries have launched anti-dumping duties on stainless steel tableware for China. The stainless steel tableware industry in the city is facing huge impact and severe test. The Jinan Customs Office in Binzhou suggests that the industry and enterprises should thoroughly study relevant policies and regulations, establish a sense of warmth in the group, and enhance competitiveness through technology and brand.
The staff of Jinan Customs Office in Binzhou introduced that in June this year, Russia initiated an anti-dumping duty of 15.6%-74% on stainless steel tableware in China, mainly for tax numbers 8211910001, 8215991000 and 8215201000, covering almost All Chinese export stainless steel tableware products. According to the survey, Russia imposes an additional tariff of 30% on Chinese stainless steel products, and this time it is only for China, exempt from Europe, Southeast Asia and Vietnam. In addition, at the beginning of February this year, the Turkish government announced a 25% anti-dumping duty on all stainless steel products imported from China. At the beginning of the year, the EU also abolished the policy toward China, which led to a significant increase in tariffs on imports of stainless steel products from the EU, and the competitive advantage of Chinese stainless steel tableware was further reduced.
Russia and Turkey are emerging markets that have developed in recent years in China. The annual order volume has maintained a high growth rate of 40-50%. At present, China’s stainless steel tableware products account for more than 30% of the Russian market. As far as Binzhou City is concerned, Yangxin County is an important stainless steel tableware production base in the country. It is also the leading industry with regional characteristics and competitive advantages. Its annual sales account for 95% of Shandong Province and 50% of the national total. Tableware accounts for 70% of the country. After the implementation of a series of trade barriers, the price of stainless steel cutlery exported domestically is in a serious disadvantage compared with Southeast Asian countries such as Vietnam and Indonesia. The export of tableware in the city is facing a serious impact.
The reporter learned from Shandong Dongjin Tableware (Yangxin) Co., Ltd. that the company mainly produces and exports stainless steel tableware products, and is the leading enterprise in the tableware industry in the province. “Dongjin tableware has also been It is rated as Shandong Famous Brand Product and Shandong Famous Brand Export Product. At the beginning of February this year, Turkey imposed a 25% anti-dumping duty on Chinese stainless steel products. The company’s more than 8 million US dollars orders were directly requested by customers to reduce prices by 25%. In order to reduce losses, some products bypassed the EU and partially canceled orders, resulting in direct Losing more than $2 million. In addition, in response to this barrier, Turkish importers will turn to countries such as Vietnam and India, and China’s market share in Turkey is at stake. In Russia, the company’s $5 million order is facing a sharp price cut and direct losses of $1.5 million to $2 million. Several large Russian importers have made it clear that they want to consider other suppliers outside China. At the same time, the company also reflected that Turkey and Russia implemented tariff barriers, and some countries in the EU also showed similar will, which may have a more serious impact on the city’s stainless steel tableware exports.
The staff of Jinan Customs Office in Binzhou introduced that in the face of impact, first of all, the country should negotiate and contain with Turkey, Russia and other countries and organizations, appropriately increase the export tax rebate for the stainless steel tableware industry, and protect domestic stainless steel tableware. The industry is developing steadily At the same time, it is recommended that the industry and enterprises should thoroughly study the WTO trade rules and the anti-dumping policies and regulations of the trading countries, establish a sense of warmth in the group, and respond to trade frictions through legal channels under the coordination organization of industry associations, actively respond to anti-dumping and avoid unfair treatment.
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