Chinese ferro-silicon exporters are to respond to the European
Union (EU) anti-dumping investigation against them, the China
Ferroalloys Industry Association has said.
The association has organized a consultative meeting to consider
their next steps.
China has doubled the tax on ferro-silicon exports to 10 percent
as of November 1, and the EU's anti-dumping investigation has put
more pressure on the exports, analysts said.
Meanwhile, some European steel producers are planning to sue
their Chinese peers for dumping hot rolled steel sheets if the
exports continued to surge in the future, according to some
overseas reports.
The EU has bought 1.35 million tons of hot rolled steel sheet
from China in the first nine months of this year, a surge of 250
percent over last year.
However, Qi Xiangdong, deputy secretary-general of the China
Iron and Steel Association, said his association has maintained
good communication with the European Confederation of Iron and
Steel Industries and has so far not received any information on an
anti-dumping charge from the EU iron and steel enterprises.
From January to October, China has exported 32.84 million tons
of steel, rising 91.5 percent over the same period of 2005,
statistics from the country's customs showed.
(Xinhua News Agency December 1, 2006)