On December 10, China's Ministry of Commerce (MOC) announced the preliminary results of its antidumping (AD) investigation into grain-oriented electrical steel originating from the US and Russia and of its countervailing (CVD) investigation against grain-oriented electrical steel from the US.
According to an MOC spokesperson, this is the first time China has carried out a CVD investigation against imported products and also the first time China performed AD and CVD investigations into imported products from the same country.
The relevant authority has determined that there was dumping of imports of grain-oriented electrical steel originating form the US and Russia and that the US producers/exporters of grain-oriented electrical steel received subsidies, thus causing material injury to China's domestic grain-oriented flat rolled electrical steel industry. As a result, the MOC will collect a deposit on imports of grain-oriented electrical steel from the US and Russia. It has also calculated dumping margins of 10.7-25 percent and subsidy rates of 11.7-12.0 percent for the US producers/exporters and dumping margins ranging from 4.6 percent to 25 percent for Russian producers/exporters.
The Chinese customs import tariff codes for the products in question are 72251100 and 72261100.