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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

27 July 2015

Dear Sirs,

Commercial Information Circular No. 696/2015

European Union (EU)* : Termination of the countervailing proceeding on imports of stainless steel cold-rolled flat products originating in the Mainland of China and repeal of the regulation making these imports originating in, inter alia, the Mainland of China, subject to registration

Further to Commercial Information Circulars Nos. 751/2014 of 15 August 2014 and 1065/2014 of 17 December 2014, the European Commission (the Commission) has promulgated an implementing regulation to terminate the countervailing proceeding concerning imports of stainless steel cold-rolled flat products originating in the Mainland of China and to repeal the regulation making these imports originating in, inter alia, the Mainland of China, subject to registration. The implementing regulation can be accessed through the following link:
http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:JOL_2015_196_R_0003& from=EN.

DETAILS

2.On the basis of the complainant's formal withdrawal of its complaint concerning subsidisation of stainless steel cold-rolled flat products, the Commission considered that the present proceeding should be terminated since the respective countervailing investigation had not brought to light any considerations showing that such termination would not be in the Union interest. Interested parties were informed and given an opportunity to comment but no comments were received that would give a reason to reach a different conclusion.

3.In view of the above, the registration of such imports for the purpose of the countervailing proceeding should be discontinued and the regulation of making such products subject to registration should be repealed.

4.The implementing regulation entered into force on 25 July 2015.

OTHER INFORMATION

5.The Commission has imposed a provisional anti-dumping duty on imports of stainless steel cold-rolled flat products originating in, inter alia, the Mainland of China and the duty in force is 25.2% of the net, free-at-Union-frontier price before duty (except for a number of companies with individual duty rates from 24.3% to 25.2%). For details, please refer to Commercial Information Circular No. 228/2015 of 26 March 2015.

ENQUIRIES

6.For enquiries concerning the content of this circular, please contact the undersigned at telephone number 2398 5684.

Yours faithfully,

(Miss Stella CHAN)
for Director-General of Trade and Industry

* The EU member countries are 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 can be accessed through
http://economists-pick-research.hktdc.com/business-news/subindex/en/Business-Alert-EU/1X2ZT68A/1/0.htm.