China's anti-dumping US anti-dumping victory

According to reports, the world’s largest air-conditioning copper pipe manufacturer Jinlong Precision Copper Pipe Group obtained the “Dumping margin 0.00%” ruling of the US Department of Commerce, becoming the first since the United States set the “anti-dumping” tax on Chinese copper pipes since 2010. This trade barrier enterprise.

According to the final review of the administrative review made by the US Department of Commerce on June 12, Golden Dragon Group did not have the possibility of dumping of seamless refined copper pipes exported from the United States from November 22, 2010 to October 31, 2011. At this point, the goods exported to the United States by the Jinlong Group's China and Mexico subsidiaries do not need to be prepaid for "anti-dumping" duties, and the total amount of about $11 million previously paid in advance will also be refunded.

People in the industry believe that this victory in defense represents the first breakthrough of the “anti-dumping” barrier of the Chinese copper industry in the US for more than two years, which has brought hope for the lifting of the “anti-dumping” tax in the industry in the future. Wang Shizhong, vice president of Golden Dragon Group, stated that the key to success is the world’s leading production process: innovations in industrial technology cannot be replicated even by US manufacturers, and the exclusive supply of fittings has made the US market dependent on products.

In 2009, a number of copper pipe manufacturers in the United States filed an "anti-dumping" complaint against seamless copper pipes imported from China and Mexico. The United States International Trade Commission made a final ruling in November 2010. China and Mexico-related manufacturers and exporters will face anti-dumping duties of 11.25%-60.85% and 24.89%-31.43%, respectively. Excluding 11.26% of the "anti-dumping" tax on Jinlong Group, the average of other copper pipe producers in China is 30%.