IMPLEMENTING REGULATION OF THE COUNCIL (EU) No 157/2010
of 22 February 2010
imposing a definitive anti-dumping duty on imports of certain ring binder mechanisms originating in the People’s Republic of China following an expiry review pursuant to Article 11(2) of Regulation (EC) No 384/96
A.
PROCEDURE
1.
Measures in force
2.
Request for a review
3.
Investigation
(a)
Procedure
(b)
Interested parties and verification visits
(c)
Investigation period
B.
PRODUCT CONCERNED AND LIKE PRODUCT
1.
Product concerned
2.
Like product
C.
LIKELIHOOD OF A CONTINUATION OR RECURRENCE OF DUMPING
1.
Preliminary remarks
2.
Continuation of dumping
(a)
Analogue country
(b)
Normal value
(c)
Export price
(d)
Comparison
(e)
Dumping margin
(f)
Conclusion on dumping
3.
Recurrence of dumping
(a)
Spare capacity and behaviour of the exporting Chinese producers
(b)
Attractiveness of the EU market
(c)
Trade defence measures applied by third countries
4.
Conclusion
D.
DEFINITION OF THE UNION INDUSTRY
E.
SITUATION ON THE EU MARKET
1.
Consumption on the EU market
2.
Imports from the country concerned
(a)
Import volume and market share
|
2005 |
2006 |
2007 |
RIP |
Import volume |
100 |
49 |
41 |
43 |
Market share (%) |
7,0 % |
3,8 % |
3,2 % |
3,2 % |
(b)
Price of the imports of the product concerned/undercutting
(c)
Imports from other third countries
|
2005 |
2006 |
2007 |
RIP |
India |
52,9 % |
48,3 % |
44,9 % |
43,3 % |
Thailand |
11,5 % |
12,2 % |
7,9 % |
13,0 % |
Hong Kong |
0,2 % |
0,0 % |
5,1 % |
4,9 % |
Others |
1,2 % |
2,7 % |
4,4 % |
1,7 % |
3.
Economic situation of the Union industry
(13)
(a)
Production, production capacity and capacity utilisation
|
2005 |
2006 |
2007 |
RIP |
Production |
100 |
102 |
118 |
119 |
Production capacity |
100 |
91 |
100 |
103 |
Capacity utilisation (%) |
59 % |
66 % |
70 % |
68 % |
(b)
Stocks
|
2005 |
2006 |
2007 |
RIP |
Closing stock |
100 |
95 |
119 |
143 |
(c)
Sales volume, market share and growth
|
2005 |
2006 |
2007 |
RIP |
Sales volume |
100 |
113 |
118 |
123 |
Market shares |
24,4 % |
30,2 % |
31,5 % |
31,1 % |
(d)
Sales prices and costs
|
2005 |
2006 |
2007 |
RIP |
Sales prices |
100 |
88 |
88 |
88 |
(e)
Profitability, return on investments, cash-flow
|
2005 |
2006 |
2007 |
RIP |
Profitability |
100 |
– 646 |
–62 |
– 115 |
Return on net assets |
100 |
–72 |
– 103 |
–53 |
Cash-flow |
100 |
56 |
42 |
– 131 |
(f)
Investments and ability to raise capital
|
2005 |
2006 |
2007 |
RIP |
Investments (EUR) |
100 |
190 |
85 |
80 |
(g)
Employment, productivity and wages
|
2005 |
2006 |
2007 |
RIP |
Employment |
100 |
94 |
105 |
104 |
Productivity |
100 |
109 |
113 |
114 |
Overall wages |
100 |
102 |
107 |
111 |
Wages |
100 |
109 |
102 |
106 |
(h)
Magnitude of the actual margin of dumping
4.
Conclusion
F.
LIKELIHOOD OF CONTINUATION OR RECURRENCE OF INJURY
1.
Impact of the projected increase in dumped imports on the Union industry
2.
Conclusion on the likelihood of recurrence of injury
G.
UNION INTEREST
1.
Introduction
2.
Interest of the Union industry
3.
Interests of importers
4.
Interests of users
5.
Interests of upstream industry
6.
Competition and trade distorting effects
7.
Conclusion on Union interest
H.
DISCLOSURE AND ANTI-DUMPING MEASURES
Article 1
|
Rate of duty |
TARIC additional code |
||
People’s Republic of China: |
|
|
||
|
51,2 % |
8934 |
||
|
78,8 % |
8900 |