China will conduct consultations with the European Union on the steel fastener trade dispute in line with the rules of the World Trade Organization's (WTO) disputes settlement system, an official from the Chinese Ministry of Commerce was quoted as saying on May 10.
The EU filed a complaint against China at the WTO on May 9 over the antidumping duty imposed by China on steel fastener exports from the EU including self-tapping screws, bolts and gaskets.
China's antidumping investigation into carbon steel fastener imports from the EU was based on Chinese regulations and the assessment of the harm caused to the domestic industry, said the Chinese official, according to official Chinese news agency Xinhua.
China has imposed provisional antidumping duties of between 16.8 percent and 24.6 percent on imports of certain EU-made iron or steel fastener importers since December 28, 2009, Xinhua said.