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Trade and Industry Department The Government of the Hong Kong Special Administrative Region
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Commercial Information Circulars

24-hour hotline : 23 922 922

e-mail address : tidenq@tid.gcn.gov.hk

Ref : EIC 631/3/2/1

21 November 2002

Dear Sirs,

Commercial Information Circular No. 224/02

The Mainland of China:Final Result of Safeguard Investigation on Imports of Certain Steel Products

 

The Ministry of Foreign Trade and Economic Cooperation (MOFTEC) issued Notice No. 48/02 on 19 November 2002, announcing the final result of safeguard investigation on imports of certain steel products. The investigation confirmed that the sudden increase in import of 5 steel products has caused serious injury to the domestic and causal link existed. The 5 steel products are non alloy hot rolled sheets and coils, non alloy cold rolled sheets and coils, organic coated sheets, silicon-electrical steel and stainless cold rolled sheets and coils. The other 20 steel products under investigation did not meet the legal requirements to apply safeguard measures.

 

DETAILS OF SAFEGUARD MEASURES

  1. According to the above findings, the Mainland has imposed safeguard measures against non alloy hot rolled sheets and coils, non alloy cold rolled sheets and coils, organic coated sheets, silicon-electrical steel and stainless cold rolled sheets and coils since 20 November 2002. The safeguard measures take the form of tariff quota implemented on a first-come-first-served basis. Imports of the above steel products within the quotas are subject to normal tariff rates, while imports exceeding the quotas are subject to an additional duty. The safeguard measures will last for 3 years (including the provisional safeguard period), i.e. from 24 May 2002 to 23 May 2005. The measures will be lessened during the implementation period. Details concerning the list of products subject to the safeguard measures, the level of tariff quota and the additional duty rate are at Annex l (pdf format).
     

  2. The safeguard measures will not apply to imports from developing countries or regions which make up less than 3 % of China’s total import. In this connection, the importers should present certificates of origin as a supporting document during importation. The list of developing countries or regions which are not subject to the safeguard measures is at Annex 2 (pdf format).
     

  3. For the 20 other products not subject to the safeguard measures, reimbursement will be made with respect to the additional duties paid during the provisional safeguard measures period. The MOFTEC will announce the method of reimbursement separately.
     

  4. For details of the initiation of the safeguard investigation and imposition of provisional safeguard measures on imports of certain steel products, please refer to our CIC No. 113/02 dated 10 June 2002 and CIC No. 168/02 dated 22 August 2002.

 

ENQUIRIES

 

  1. If you have any questions on the content of this circular, please contact Ms Eugenia Chan at 2398 5444.

 

Yours faithfully,

 

(Miss Cindy C K CHENG)

for Director-General of Trade and Industry



Note : While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.