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Business

Dumping duty on roofing products urged

The Philippine Star

MANILA, Philippines - The Philippines remains one of the very few ASEAN countries that continue to allow subsidized and poor quality Chinese steel roofing products to compete unfairly in the local market while other countries in the  region have put in place safeguards and protective duties against China’s steel roofing exports to protect their respective local steel industries from unfair, subsidized trade and consumers from poor quality products.

Enrique V. Chuidian, general manager of Puyat Steel Corp. (PSC) said that while ASEAN governments have prevented Chinese goods unfettered entry into their markets, the Philippines continues to allow China’s steel industry to rob local manufacturers of its share of the market and hoodwink consumers into purchasing low cost products of substandard quality.

Chuidian listed the following protective measures imposed on China:

1. Thailand (Aug. 11, 2011) imposed anti-dumping duty of 30.91 percent on Chinese hot rolled coils, pickled coils, and hot-rolled plates;

2. Indonesia (March 19,2013) imposed anti dumping duty of 7 pct -55.6 percent on cold rolled coil; and sheet products from China;

3. Vietnam (Jan. 24, 1014) imposed provisional anti dumping duty of 6.45 percent to 30.75 percent on stainless cold rolled products from China;

4. Malaysia required a certificate of no objection from its steel industry before any import of steel roofing materials from China is allowed into the country;

5. Thailand also imposed a final anti dumping duty of 4.22 percent to 20.11 percent on cold rolled coil sheet from China on Feb. 6 this year. The Dumping duty is effective for five years;

vuukle comment

CHINA

CHUIDIAN

DUMPING

DUTY

ENRIQUE V

FEB

IMPOSED

JAN

PUYAT STEEL CORP

STEEL

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