Industry News

The European Union has published the Implementing Regulation (EU 2022/91) that applies definitive anti-dumping duties of up to 86.5% on imports of certain iron or steel fasteners in the People's Republic of China.  

The regulation was published in the Official Journal of the European Union today, which means it will come into force tomorrow (Friday 18^th February 2022).  

The definitive anti-dumping rates are as followed: 

• Jiangsu Yongyi Fastener Co Ltd: 22.1% 
• Ningbo Jinding Fastening Piece Co Ltd: 46.1% 
• Wenzhou Junhao Industry Co Ltd: 48.8% 
• Other cooperating companies: 39.6% 
• All other companies: 86.5% 

The definitive anti-dumping duty is imposed on imports of certain fasteners of iron or steel, other than of stainless steel, i.e. wood screws (excluding coach screws), self-tapping screws, other screws and bolts with heads (whether or not with their nuts or washers, but excluding screws and bolts for fixing railway track construction material), and washers originating in the People’s Republic of China, currently classified under CN codes 7318 12 90, 7318 14 91, 7318 14 99, 7318 15 58, 73181568, 73181582, 73181588, ex73181595 (TARIC codes 7318159519 and 7318159589), ex73182100 (TARIC codes 7318210031, 7318210039, 7318210095 and 7318210098) and ex73182200 (TARIC codes 7318 22 00 31, 7318 22 00 39, 7318 22 00 95 and 7318 22 00 98). 

The regulation also confirms that retrospective duties are not applicable. Customs authorities have been directed to discontinue the registration of imports established in accordance with Article 1 of Implementing Regulation (EU) 2021/970, which is repealed. This means no definitive anti-dumping duty will be levied retroactively for registered imports. Data collected in accordance with Article 1 of Implementing Regulation (EU) 2021/970 shall no longer be kept.