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Trade and Industry Department The Government of the Hong Kong Special Administrative Region
Brand Hong Kong - Asia world city

Commercial Information Circulars

24-hour hotline : 23 922 922

e-mail address : enquiry@tid.gov.hk

Ref : EIC 230/2/3/2/13

14 May 2014

Dear Sirs,

Commercial Information Circular No. 436/2014

European Union (EU)* : Amendment to the Council Implementing Regulation Imposing a Definitive Anti-dumping Duty on Imports of Steel Ropes and Cables Originating in, inter alia, the Mainland of China, as extended to Imports Consigned from, inter alia, the Republic of Korea, whether Declared as Originating in the Republic of Korea or not

Further to Commercial Information Circular No. 691/2013 of 27 August 2013, the European Commission (the Commission) has promulgated amendment to the Council Implementing Regulation in force imposing a definitive anti-dumping duty on imports of steel ropes and cables originating in, inter alia, the Mainland of China, as extended to imports of the same products consigned from, inter alia, the Republic of Korea, whether declared as originating in the Republic of Korea or not. The amending regulation can be accessed through the following link:
http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:JOL_2014_138_R_0012&from=EN.

DETAILS

2.Upon receipt of a request from a producer in the Republic of Korea, Line Metal Co. Ltd. ('Line Metal') for exemption from the measures in force, the Commission published a regulation on 27 August 2013 to initiate a review investigation on the anti-dumping measures imposed on imports of steel ropes and cables originating in, inter alia, the Mainland of China, as extended to imports of the same products consigned from, inter alia, the Republic of Korea, whether declared as originating in the Republic of Korea or not. The initiating regulation also directed EU customs authorities to register imports consigned from the Republic of Korea and produced by Line Metal.

3.In light of the findings of the review investigation, the Commission concludes that Line Metal is not circumventing the anti-dumping measures in force. In accordance with such findings, the Commission has adopted the amending regulation to add Line Metal to the list of companies that are exempted from the anti-dumping duty imposed by the original Council Implementing Regulation of 2012. The amending regulation also directed EU customs authorities to cease the registration of imports carried out pursuant to the initiating regulation with no anti-dumping duty collected.

4.The amending regulation enters into force on 14 May 2014.

BACKGROUND

5.Definitive anti-dumping duty on imports of steel ropes and cables originating in, inter alia, the Mainland of China was first imposed with effect from 18 August 1999 with a rate of duty as 60.4% of the CIF net, free-at-Union-frontier price before duty. Following an expiry review, the duty was maintained for five years with effect from 17 November 2005.

6.Consequent to two separate circumvention investigations, the definitive anti-dumping duty imposed on imports of steel ropes and cables originating in the Mainland of China was extended to imports of the same products consigned from Morocco and the Republic of Korea, whether declared as originating in Morocco or the Republic of Korea or not (details can be found in Commercial Information Circulars No. 280/2004 of 9 November 2004 and No. 204/2010 of 12 May 2010).

7.Following another expiry review, the definitive anti-dumping duty as extended to imports of the same products consigned from Morocco and the Republic of Korea, whether declared as originating in Morocco or the Republic of Korea or not, is maintained for a further five years with effect from 10 February 2012.

ENQUIRIES

8.For enquiries concerning the contents of this circular, please contact the undersigned at telephone number 2398 5350.

Yours faithfully,

(Leo LEUNG)
for Director-General of Trade and Industry

* The EU includes Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom.



Note 1: 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.
Note 2: The biweekly newsletter "Business Alert - EU" of the Hong Kong Trade Development Council provides up-to-date information on the latest developments in EU trade policy and trade regulations. The newsletter is available for free e-subscription and can be accessed through
http://www.tdctrade.com/alert/eualert.htm.