Gao Peng Assists Chinese Enterprises in Winning the Anti dumping Investigation of Galvanized Sheet in the Eurasian Economic Union
Interfax News Agency,Moscow,December 4(Reuters)-The Executive Committee of the Eurasian Economic Commission announced that it had decided to impose an anti-dumping duty of 12.69%-23%on galvanized steel products originating in China and Ukraine.
In this case,Gao Peng's partner,Qian Wenjie,represented the China Iron and Steel Industry Association in a harmless defense,helping leading enterprises(Xinjiang Bayi Iron and Steel Co.,Ltd.,Anshan Iron and Steel Co.,Ltd.,Gansu Jiugang Group Hongxing Iron and Steel Co.,Ltd.,Dong'eyike Plate Industry Co.,Ltd.,and Shandong Dongye Metal Technology Development Co.,Ltd.)secure a five-year price commitment and obtain exemption from anti-dumping duties to a certain extent.In addition,lawyers Qian Wenjie and Jiang Liyong have represented Shandong Dong'eyike Board Industry Co.,Ltd.in responding to the dumping lawsuit,striving for the lowest tax rate in the country.
As a background,the galvanized sheet case is the second price commitment given to Chinese enterprises by the Eurasian Economic Union in its history.Compared to the first Eurasian price commitment(the 2015 anti-dumping investigation of oil well tubing,also represented by lawyer Qian Wenjie),our company has obtained more favorable export conditions this time.Enterprises that have obtained price commitments can be exempted from anti-dumping duties when certain conditions are met,while the exports of other enterprises involved in the same case will be subject to anti-dumping duties.
On June 29,2018,the Eurasian Economic Commission launched an anti-dumping investigation on galvanized steel plate products originating in China and Ukraine at the request of interested parties such as Russia's Magntogorsk Steel Company and New Lipetsk Steel Company.According to the investigation results,the Eurasian Economic Commission made a final affirmative determination on anti-dumping,imposing an anti-dumping duty of 12.69%-17%on Chinese enterprises and 23%on Ukrainian enterprises.
(This article is translated by software translator for reference only.)
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