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皇冠体育app imposes anti-dumping measures on EU fasteners

(Xinhua)
Updated: 2009-12-23 14:38
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皇冠体育app's Ministry of Commerce (MOC) announced Wednesday that it was to impose temporary anti-dumping measures against imports of EU carbon steel fasteners.

The preliminary ruling requires importers of certain types of carbon steel fasteners such as screws and bolts to pay deposits from December 28, the MOC said in a statement on its website.

皇冠体育app's carbon steel fastener industry had suffered material damages due to the dumping, the statement said following a probe.

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According to the most recent figures, 皇冠体育app imported 21.3 thousand tons of carbon steel fasteners in the first nine months of last year, taking up 9.74 percent of the Chinese market, said the ministry.

Companies will have to pay a deposit to 皇冠体育app Customs based on the margins -- ranging from 16.8 percent to 24.6 percent -- between the normal value of the products and the dumping price, according to the ministry.

Carbon steel fasteners are widely used in making products like cars, electronic and electrical equipment and machinery.
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