On December 23, China's Ministry of Commerce (MOC) announced the preliminary result of its antidumping (AD) investigation into carbon steel fasteners from the EU.
The MOC has determined that there was dumping of imports of carbon steel fasteners originating from the EU, thus causing material injury to China's domestic carbon steel fastener industry, and thus has decided to impose temporary antidumping measures against imports of EU carbon steel fasteners. As a result, based on dumping margins ranging from 16.8 percent to 24.6 percent, importers of the above products are required to pay deposits to the Chinese customs as of June 27, 2009.
The Chinese customs import tariff codes for the products in question are 73181200, 73181400, 73181500, 73182100 and 73182200.