COMMISSION IMPLEMENTING REGULATION (EU) 2022/1013
of 27 June 2022
imposing a definitive anti-dumping duty on imports of certain ring binder mechanisms originating in the People’s Republic of China and as extended to Vietnam and Lao People’s Democratic Republic following an expiry review pursuant to Article 11(2) of Regulation (EU) 2016/1036 of the European Parliament and of the Council
1.
PROCEDURE
1.1.
Previous investigation and measures in force
1.2.
Request for an expiry review
1.3.
Initiation of an expiry review
1.4.
Review investigation period and period considered
1.5.
Interested parties
1.6.
Sampling
1.6.1.
No sampling of Union producers
1.6.2.
Sampling of importers
1.6.3.
Sampling of exporting producers in the People’s Republic of China
1.7.
Replies to the questionnaire
1.8.
Verification
2.
PRODUCT UNDER REVIEW AND LIKE PRODUCT
2.1.
Product under review
2.2.
Like product
3.
CONTINUATION OF DUMPING
3.1.
Preliminary remarks
3.2.
Procedure for the determination of the normal value under Article 2(6a) of the basic Regulation for the imports of ring binder mechanisms originating in the PRC
3.3.
Normal value
3.3.1.
Existence of significant distortions
3.3.2.
Representative country
3.3.2.1. General remarks
3.3.2.2. A level of economic development similar to the PRC
3.3.2.3. Availability of relevant public data in the representative country
3.3.2.4. Level of social and environmental protection
3.3.2.5. Conclusion
3.3.3.
Sources used to establish undistorted costs
3.3.4.
Undistorted costs and benchmarks
Factors of Production |
HS Code |
Source of data |
Unit undistorted value |
Raw materials |
|||
Blank steel wire |
7217 10 |
GTA |
9,15 CNY/KG |
Nickel coated steel strip |
7226 99 |
GTA |
12,71 CNY/KG |
Blank steel strip |
7211 23 |
GTA |
4,52 CNY/KG |
Labour |
|||
Labour |
National Statistics Office, Turkey. |
25,25 CNY/hour |
|
Energy |
|||
Electricity |
National Statistics Office, Turkey. |
0,57 CNY/kWh |
|
By-product/waste. |
|||
Waste and scrap of tinned iron or steel (excl. radioactive, and waste and scrap of batteries and electric accumulators). |
7204 30 |
GTA |
0,59 CNY/KG |
3.3.4.1. Raw materials
3.3.4.2. By-products
3.3.4.3. Labour
3.3.4.4. Electricity
3.3.5.
Manufacturing overhead costs, SG&A and profits
3.3.6.
Calculation of the normal value
3.4.
Export price and conclusion on continuation of dumping
4.
LIKELIHOOD OF RECURRENCE OF DUMPING
4.1.
Exports to third countries
4.1.1.
Normal value
4.1.2.
Export price
4.1.3.
Comparison and dumping margins
Country |
% of total “world” imports of the product under review from the PRC |
Dumping margin (%) |
Mexico |
35 |
37,6 |
USA |
13 |
21,9 |
Malaysia |
7 |
100,8 |
Vietnam |
6 |
61,6 |
4.2.
Production capacity and spare capacity in the PRC
4.3.
Attractiveness of the Union market
4.4.
Conclusion on the likelihood of recurrence of dumping
5.
INJURY
5.1.
Definition of the Union industry and Union production
5.2.
Union consumption
Volume |
2017 |
2018 |
2019 |
RIP |
Index (2017 = 100) |
100 |
95 |
86 |
69 |
Ranges (‘000 pcs) |
70 000 – 90 000 |
60 000 – 80 000 |
60 000 – 80 000 |
40 000 – 60 000 |
Source: Eurostat and questionnaire replies |
5.3.
Imports from the country concerned
5.3.1.
Volume and market share of the imports from the country concerned
|
2017 |
2018 |
2019 |
RIP |
PRC index (2017 = 100) |
100 |
89 |
35 |
39 |
PRC ranges (‘000 pcs) |
800 – 1 300 |
800 – 1 300 |
300 – 800 |
300 – 800 |
Market share ranges (%) |
1 – 3 |
0,5 – 2,5 |
0,2 – 2,2 |
0,5 – 2,5 |
Market share index (2017 = 100) |
100 |
93 |
41 |
57 |
Source: Eurostat and the note for the file |
5.3.2.
Prices of the imports from the country concerned and price undercutting.
5.4.
Volumes and prices of imports from third countries other than the PRC
Country |
Import volume |
2017 |
2018 |
2019 |
RIP |
Cambodia |
Index (2017 = 100) |
100 |
100 |
64 |
58 |
Ranges (‘000 pcs) |
10 000 – 15 000 |
10 000 – 15 000 |
5 000 – 10 000 |
4 000 – 9 000 |
|
Market share (%) |
15 -17 |
16 – 18 |
10 -12 |
12 – 14 |
|
Average price (EUR/000pcs) |
154 |
145 |
146 |
148 |
|
India |
Index (2017 = 100) |
100 |
121 |
75 |
42 |
Ranges (‘000 pcs) |
10 000 – 15 000 |
13 000 – 18 000 |
8 000 – 13 000 |
4 000 – 9 000 |
|
Market share (%) |
16 – 18 |
19 – 21 |
13 – 15 |
9 – 11 |
|
Average price (EUR/000pcs) |
153 |
136 |
147 |
143 |
|
Others |
Index (2017 = 100) |
100 |
18 |
5 |
29 |
Ranges (‘000 pcs) |
100 – 600 |
50 – 550 |
10 – 510 |
50 – 550 |
|
Market share (%) |
0,3 – 1 |
0,1 – 0,5 |
0,1 – 0,5 |
0,2 – 0,7 |
|
Average price (EUR/000pcs) |
210 |
489 |
1 301 |
438 |
|
Total |
Index (2017 = 100) |
100 |
109 |
68 |
50 |
Ranges (‘000 pcs) |
23 000 – 28 000 |
25 000 – 30 000 |
15 000 – 20 000 |
10 000 – 15 000 |
|
Market share (%) |
30 – 35 |
35 – 40 |
25 – 30 |
23 – 28 |
|
Average price (EUR/000pcs) |
154 |
141 |
148 |
149 |
|
Source: Eurostat and expiry review request |
5.5.
Economic situation of the Union industry
5.5.1.
General remarks
5.5.2.
Production, production capacity and capacity utilisation
|
2017 |
2018 |
2019 |
RIP |
Production ‘000 pcs (index 2017 = 100) |
100 |
97 |
92 |
78 |
Production ‘000 pcs (ranges) |
50 000 – 60 000 |
49 000 – 59 000 |
48 000 – 58 000 |
40 000 – 50 000 |
Production capacity (index 2017 = 100) |
100 |
100 |
100 |
100 |
Production capacity (ranges) |
80 000 – 90 000 |
80 000 – 90 000 |
80 000 – 90 000 |
80 000 – 90 000 |
Capacity utilisation (index 2017 = 100) |
100 |
97 |
92 |
78 |
Capacity utilisation rate (ranges) (%) |
60 – 70 |
58 – 68 |
55 – 65 |
50 – 60 |
Source: Questionnaire replies |
5.5.3.
Sales volume and market share
|
2017 |
2018 |
2019 |
RIP |
Total sales volume on the Union market – unrelated customers (index 2017 = 100) |
100 |
89 |
97 |
80 |
Total sales volume on the Union market – unrelated customers (ranges) |
40 000 – 50 000 |
35 000 – 45 000 |
40 000 – 50 000 |
35 000 – 45 000 |
Market share (index 2017 = 100) |
100 |
93 |
112 |
115 |
Market share (ranges) (%) |
63 – 68 |
58 – 63 |
70 – 75 |
72 – 77 |
Source: Questionnaire replies |
5.5.4.
Prices and factors affecting prices
|
2017 |
2018 |
2019 |
RIP |
Weighted average unit sales price in the Union on the total market (index 2017 = 100) |
100 |
100 |
92 |
93 |
Weighted average unit sales price in the Union on the total market (EUR/’000pcs) |
170 – 200 |
175 – 205 |
150 – 180 |
155 – 185 |
Unit cost of production (index 2017 = 100) |
100 |
103 |
99 |
98 |
Unit cost of production (ranges) |
160 – 190 |
165 – 195 |
148 – 178 |
150 – 180 |
Source: Questionnaire replies |
5.5.5.
Employment and productivity
|
2017 |
2018 |
2019 |
RIP |
Number of employees (index 2017 = 100) |
100 |
88 |
83 |
80 |
Number of employees (FTE ranges) |
150 – 200 |
130 – 180 |
120 – 170 |
115 – 165 |
Labour Productivity (unit/employee – index 2017 = 100) |
100 |
110 |
111 |
98 |
Labour Productivity (unit/employee – ranges) |
320 – 370 |
360 – 410 |
365 – 415 |
300 – 350 |
Average labour costs per employee (index 2017 = 100) |
100 |
102 |
107 |
96 |
Average labour costs per employee (ranges) |
18 000 – 22 000 |
19 000 – 23 000 |
20 000 – 24 000 |
17 000 – 21 000 |
Source: Questionnaire replies |
5.5.6.
Inventories
|
2017 |
2018 |
2019 |
RIP |
Closing stocks (index 2017 = 100) |
100 |
118 |
109 |
112 |
Closing stocks (ranges) |
25 000 – 35 000 |
30 000 – 40 000 |
25 000 – 35 000 |
27 000 – 37 000 |
Closing stocks as a percentage of production (index 2017 = 100) |
100 |
121 |
118 |
144 |
Closing stocks as a percentage of production (ranges) (%) |
40 – 50 |
50 – 60 |
48 – 58 |
60 – 70 |
Source: Questionnaire replies |
5.5.7.
Profitability, cash flow, investments, return on investments and ability to raise capital
|
2017 |
2018 |
2019 |
RIP |
Profitability of sales in the Union to unrelated customers (% of sales turnover indexed) (index 2017 = 100) |
100 |
141 |
114 |
72 |
Profitability of sales in the Union to unrelated customers (% of sales turnover – ranges) |
3 – 8 |
5 -10 |
4 – 9 |
2 – 7 |
Cash flow (index 2017 = 100) |
100 |
63 |
99 |
72 |
Investments (index 2017 = 100) |
100 |
62 |
45 |
40 |
Return on investments (index 2017 = 100) |
100 |
100 |
87 |
53 |
Return on investments (ranges) (%) |
8 – 13 |
8 – 13 |
7 – 12 |
5 – 10 |
Source: Questionnaire replies |
5.5.8.
Magnitude of the dumping margin and recovery from past dumping
5.5.9.
Export performance of the Union industry
|
2017 |
2018 |
2019 |
RIP |
Export volume ‘000 pcs (index 2017 = 100) |
100 |
117 |
89 |
77 |
Export volume ‘000 pcs (ranges) |
6 000 – 10 000 |
7 000 – 11 000 |
5 000 – 9 000 |
4 000 – 8 000 |
Average price (index 2017 = 100) |
100 |
79 |
89 |
85 |
Average price EUR/’000 pcs (ranges) |
200 – 250 |
150 – 200 |
180 – 240 |
170 – 230 |
Source: Questionnaire replies |
5.5.10.
Conclusion on the situation of the Union industry
6.
LIKELIHOOD OF RECURRENCE OF INJURY IF THE MEASURES WERE TO BE REPEALED
6.1.
Spare production/processing capacity
6.2.
Attractiveness of the Union market
6.3.
Impact of a new influx of dumped imports from the PRC on the situation Union industry should the measures be allowed to lapse
6.4.
Conclusion on likelihood of recurrence of material injury
7.
UNION INTEREST
7.1.
Introduction
7.2.
Interest of the Union industry
7.3.
Interest of unrelated importers and users
7.4.
Conclusion on Union interest
8.
ANTI-DUMPING MEASURES
Article 1
|
Rate of duty (%) |
TARIC additional code |
||
People’s Republic of China: |
||||
|
51,2 |
8 934 |
||
|
78,8 |
8 900 |