none

CRACKDOWN ON FOREIGN STEEL IMPORTERS

22-03-2016
by 
in 

The federal government has implemented anti-circumvention measures against foreign steel importers who have been avoiding anti-dumping duties by slightly modifying their products.

The decision is a major win for local steel makers.

Industry Minister Christopher Pyne said payment of duties for steel imports in excess of $4 million would prevent certain steel exporters in China, Taiwan and Malaysia making minor changes to their products to circumvent existing anti-dumping measures.

“Australian steelmakers need to be able to benefit from free and fair trade,” Mr Pyne said.

“When foreign suppliers try to get around Australian anti-dumping duties, in this case by substituting selected steel products with alloyed for unalloyed steel, this Government is committed to action.

“We are a world leader in fighting the avoidance, or circumvention, of anti-dumping measures,” Mr Pyne said.

Mr Pyne said the government would continue to work to give Australia’s Anti-Dumping Commissioner the power and capabilities he needs to ensure that local producers are not injured by unfair competition.

Assistant Minister for Science Karen Andrews said: “Our system is fair and transparent in providing support for Australian manufacturers.”

Across the two types of goods, the duties for alloyed galvanised steel will range from 2.6% to 62.9% and for alloyed Hollow Structural Sections from 3% to 57.1%.

More information can be found at: http://www.adcommission.gov.au/Pages/default.aspx

Related news & editorials

  1. 25.09.2018
    25.09.2018
    by      In
    Energy Efficiency Expo is a new annual trade exhibition and conference dedicated to energy productivity and affordability. Organised by Reed Exhibitions Australia in partnership with the Energy Efficiency Council, the new event will be held for the first time in October 2019 at the Melbourne... Read More
  2. 25.09.2018
    25.09.2018
    by      In
    This week has seen the opening of a unique facility at Deakin University dedicated to advanced metal development and 3D roll forming. The $1.5 million IFM Flexible Forming Facility has been set up as part of Deakin’s Institute for Frontier Materials (IFM), supported a $280,000 grant from the... Read More
  3. 24.09.2018
    24.09.2018
    by      In
    CSIRO is shooting for the Moon this week at the 18th Australian Space Research Conference on the Gold Coast with the launch of an industry roadmap designed to encourage the development of the technological expertise to help to establish a human base on the Moon.
    The report, “Space: A roadmap for... Read More
  4. 20.09.2018
    20.09.2018
    by      In
    Control Logic has set its sights on expansion, with a new leadership team incorporating key roles in products and marketing, sales and development, and operations and services. The move aims to increase the company’s skill set and focus to drive innovation and expand the company’s expertise and... Read More