COMMISSION IMPLEMENTING REGULATION (EU) 2024/770
of 4 March 2024
imposing a definitive anti-dumping duty on imports of certain cast iron articles originating in the People’s Republic of China 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 investigations and measures in force
1.2.
Request for an expiry review
1.3.
Initiation of an expiry review
1.3.1.
Review investigation period and period considered
1.3.2.
Interested parties
1.3.3.
Sampling
1.3.4.
Replies to the questionnaire
1.3.5.
Verification
1.3.6.
Subsequent procedure
2.
PRODUCT UNDER REVIEW, PRODUCT CONCERNED AND LIKE PRODUCT
2.1.
Product under review
2.2.
Product concerned
2.3.
Like product
3.
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 certain cast iron articles 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. Conclusion
3.3.3.
Sources used to establish undistorted costs
3.4.
Undistorted costs and benchmarks
3.4.1.
Factors of production
Factor of Production |
Commodity Code |
Undistorted value (CNY) |
Unit of measurement |
Raw materials |
|||
Scrap of Iron or Steel |
72044910 |
3,31 |
KG |
Coke and semi-coke of coal |
27040010 |
3,34 |
KG |
Pig iron |
720110 |
3,82 |
KG |
Scrap of Cast Iron |
72041000 |
2,20 |
KG |
Ferro-alloy – FeMn |
72021900 |
22,08 |
KG |
Ferro-alloy – FeSi |
72022100 |
15,24 |
KG |
Ferro-alloy – FeSiMg |
72029930 |
21,25 |
KG |
Ferro-alloy – others |
72029980 |
24,20 |
KG |
Silicon Carbide Briquettes |
28492000 |
11,4 |
KG |
Steel frames |
730890980018 |
34,90 |
KG |
Paints |
32081090 |
42,14 |
KG |
Limestone |
252100 |
7,49 |
KG |
Energy |
|||
Electricity |
N/A |
0,52 CNY/Kwh |
Kwh |
Natural Gas |
N/A |
0,20 CNY/Kwh |
Kwh |
Water |
N/A |
10,17 CNY/M3 |
M3 |
Fuel |
N/A |
4,63 CNY/L |
L |
Labour |
|||
Labour |
N/A |
36,56 CNY/hour |
Hours |
3.4.1.1. Raw materials
3.4.1.2. Labour
3.4.1.3. Energy
3.4.1.4. Fuel
3.4.1.5. Water
3.4.1.6. Manufacturing overhead costs, SG&A and profits
3.4.2.
Calculation of the normal value
3.5.
Export price
3.6.
Comparison
3.7.
Dumping margin
4.
LIKELIHOOD OF CONTINUATION OF DUMPING
4.1.
Production capacity and spare capacity in the PRC
4.2.
Attractiveness of the Union market
4.3.
Conclusion
5.
INJURY
5.1.
Definition of the Union industry and Union production
5.2.
Union consumption
|
2019 |
2020 |
2021 |
Review Investigation period |
Total Union consumption |
451 373 |
432 522 |
484 501 |
467 544 |
Index |
100 |
96 |
107 |
104 |
Source: Macroeconomic data questionnaire provided by the Union industry and Eurostat data. |
5.3.
Imports from the country concerned
5.3.1.
Volume and market share of the imports from the country concerned
|
2019 |
2020 |
2021 |
Review Investigation period |
Volume of imports from the country concerned (tonnes) |
48 352 |
34 451 |
28 385 |
22 146 |
Index |
100 |
71 |
59 |
46 |
Market share (%) |
10,7 |
8,0 |
5,9 |
4,7 |
Index |
100 |
74 |
55 |
44 |
Source: Macroeconomic data questionnaire provided by the Union industry and Eurostat data. |
5.3.2.
Prices of the imports from the country concerned and price difference
|
2019 |
2020 |
2021 |
Review Investigation period |
China |
1 000 |
951 |
1 123 |
1 436 |
Index |
100 |
95 |
112 |
144 |
Source: Eurostat Comext. |
5.4.
Imports from third countries other than the PRC
Country |
|
2019 |
2020 |
2021 |
Review Investigation period |
India |
Volume (tonnes) |
41 200 |
52 319 |
82 436 |
77 167 |
|
Index |
100 |
127 |
200 |
187 |
|
Market share (%) |
9,1 |
12,1 |
17,0 |
16,5 |
|
Index |
100 |
133 |
186 |
181 |
|
Average price (EUR/tonne) |
925 |
932 |
1 066 |
1 426 |
|
Index |
100 |
100 |
115 |
154 |
Türkiye |
Volume (tonnes) |
34 410 |
37 761 |
47 112 |
41 899 |
|
Index |
100 |
110 |
137 |
122 |
|
Market share (%) |
7,6 |
8,7 |
9,7 |
9,0 |
|
Index |
100 |
114 |
127 |
117 |
|
Average price (EUR/tonne) |
1 079 |
1 098 |
1 139 |
1 498 |
|
Index |
100 |
102 |
106 |
139 |
Iran |
Volume (tonnes) |
2 897 |
2 537 |
6 048 |
8 647 |
|
Index |
100 |
87 |
208 |
298 |
|
Market share (%) |
0,6 |
0,6 |
1,2 |
1,8 |
|
Index |
100 |
91 |
194 |
288 |
|
Average price (EUR/tonne) |
1 094 |
1 091 |
1 189 |
1 533 |
|
Index |
100 |
100 |
109 |
140 |
Other third countries |
Volume (tonnes) |
5 745 |
8 637 |
11 548 |
9 212 |
|
Index |
100 |
150 |
201 |
160 |
|
Market share |
1,3 |
2,0 |
2,4 |
2,0 |
|
Index |
100 |
156 |
187 |
154 |
|
Average price (EUR/tonne) |
1 156 |
1 108 |
1 293 |
1 752 |
|
Index |
100 |
96 |
112 |
152 |
Total of all third countries except China |
Volume (tonnes) |
84 253 |
101 253 |
147 144 |
136 925 |
|
Index |
100 |
120 |
175 |
163 |
|
Market share |
18,7 |
23,4 |
30,4 |
29,3 |
|
Index |
100 |
125 |
163 |
157 |
|
Average price (EUR/tonne) |
1 009 |
1 013 |
1 112 |
1 477 |
|
Index |
100 |
100 |
110 |
146 |
Source: Eurostat data. |
5.5.
Economic situation of the Union industry
5.5.1.
General remarks
5.5.2.
Macroeconomic indicators
5.5.2.1. Production, production capacity and capacity utilisation
|
2019 |
2020 |
2021 |
Review Investigation period |
Production volume (tonnes) |
358 048 |
329 785 |
343 267 |
339 231 |
Index |
100 |
92 |
96 |
95 |
Production capacity (tonnes) |
652 029 |
650 590 |
651 077 |
645 386 |
Index |
100 |
100 |
100 |
99 |
Capacity utilisation (%) |
54,9 |
50,7 |
52,7 |
52,6 |
Index |
100 |
92 |
96 |
96 |
Source: Macroeconomic data questionnaire provided by the Union industry. |
5.5.2.2. Sales volume and market share
|
2019 |
2020 |
2021 |
Review Investigation period |
Sales volume on the Union market (tonnes) |
318 768 |
296 818 |
308 972 |
308 474 |
Index |
100 |
93 |
97 |
97 |
Market share (%) |
71 |
69 |
64 |
66 |
Index |
100 |
97 |
90 |
93 |
Source: Macroeconomic data questionnaire provided by the Union industry and Eurostat data. |
5.5.2.3. Growth
5.5.2.4. Employment and productivity
|
2019 |
2020 |
2021 |
Review Investigation period |
Number of employees (FTE) |
3 053 |
3 027 |
3 027 |
3 076 |
Index |
100 |
99 |
99 |
101 |
Productivity (tonnes/FTE) |
117 |
109 |
113 |
110 |
Index |
100 |
93 |
97 |
94 |
Source: Macroeconomic data questionnaire provided by the Union industry. |
5.5.2.5. Magnitude of the dumping margin and recovery from past dumping
5.5.3.
Microeconomic indicators
5.5.3.1. Prices and factors affecting prices
|
2019 |
2020 |
2021 |
Review Investigation period |
Average unit sales price in the Union on the total market |
1 514 |
1 533 |
1 625 |
1 956 |
Index |
100 |
101 |
107 |
129 |
Unit cost of production |
1 451 |
1 470 |
1 662 |
1 917 |
Index |
100 |
101 |
115 |
132 |
Source: Verified questionnaire replies of the sampled Union producers. |
|
2019 |
2020 |
2021 |
Review Investigation period |
Average labour costs per employee (EUR) |
55 061 |
57 835 |
57 611 |
59 715 |
Index |
100 |
105 |
105 |
108 |
Source: Verified questionnaire replies of the sampled Union producers. |
5.5.3.2. Inventories
|
2019 |
2020 |
2021 |
Review Investigation period |
Closing stocks (tonnes) |
23 999 |
24 297 |
26 613 |
26 823 |
Index |
100 |
101 |
111 |
112 |
Closing stocks as a percentage of production |
14,5 |
15,7 |
16,7 |
17,3 |
Index |
100 |
109 |
115 |
120 |
Source: Verified questionnaire replies of the sampled Union producers. |
5.5.3.3. Profitability, cash flow, investments, return on investments and ability to raise capital
|
2019 |
2020 |
2021 |
Review Investigation period |
Profitability of sales in the Union to unrelated customers (% of sales turnover) |
5,6 |
5,8 |
0,1 |
3,4 |
Index |
100 |
103 |
1 |
60 |
Cash flow (EUR) |
16 939 091 |
17 495 491 |
6 742 515 |
15 285 813 |
Index |
100 |
103 |
40 |
90 |
Investments (EUR) |
11 085 740 |
8 677 592 |
11 531 261 |
14 484 710 |
Index |
100 |
78 |
104 |
131 |
Return on investments (%) |
6,5 |
6,2 |
0,1 |
4,5 |
Index |
100 |
96 |
1 |
70 |
Source: Verified questionnaire replies of the sampled Union producers. |
5.6.
Conclusion on injury
6.
CAUSATION
6.1.
Effects of the dumped imports
6.2.
Effects of other factors
6.2.1.
Imports from third countries
6.2.2.
Export performance of the Union industry
|
2019 |
2020 |
2021 |
Review Investigation period |
Export volume (tonnes) |
16 664 |
15 910 |
14 844 |
13 420 |
Index |
100 |
95 |
89 |
81 |
Average price (EUR/tonne) |
1 400 |
1 441 |
1 543 |
1 776 |
Index |
100 |
103 |
110 |
127 |
Source: Verified questionnaire replies of the sampled Union producers. |
6.3.
Conclusion on causation
7.
LIKELIHOOD OF CONTINUATION OF INJURY
7.1.
Spare capacity in the PRC
7.2.
Attractiveness of the Union market
8.
LIKELIHOOD OF RECURRENCE OF INJURY
9.
UNION INTEREST
9.1.
Interest of the Union industry
9.2.
Interest of unrelated importers
9.3.
Interest of users, consumers
9.4.
Conclusion on Union interest
10.
ANTI-DUMPING MEASURES
Article 1
Company |
Anti-dumping duty |
TARIC additional code |
Botou City Wangwu Town Tianlong Casting Factory |
15,5 % |
C221 |
Botou Lisheng Casting Industry Co., Ltd |
31,5 % |
C222 |
Fengtai (Handan) Alloy Casting Co., Ltd |
38,1 % |
C223 |
Hong Guang Handan Cast Foundry Co., Ltd |
21,3 % |
C224 |
Shijiazhuang Transun Metal Products Co., Ltd |
25,0 % |
C225 |
Other cooperating companies listed in Annex |
25,4 % |
See Annex |
All other companies |
38,1 % |
C999 |
Article 2
Article 3
ANNEX
Name |
TARIC additional code |
Baoding City Maikesaier Casting Ltd. |
C226 |
Baoding GB Metal Products Co., Ltd. |
C232 |
Baoding Hualong Casting Co., Ltd. |
C233 |
Baoding Shuanghu Casting Co., Ltd. |
C234 |
Bo Tou Chenfeng Casting Co., Ltd. |
C235 |
Botou City Minghang Casting Co., Ltd. |
C236 |
Botou City Qinghong Foundry Co., Ltd. and the related company Cangzhou Qinghong Foundry Co., Ltd. |
C237 |
Botou City Simencun Town Bai Fo Tang Casting Factory |
C238 |
Botou Dongli Foundry Co., Ltd. |
C239 |
Botou GuangTai Precision Casting Factory |
C240 |
Botou Mancheng Foundry Co., Ltd. |
C241 |
Botou Okai Foundry Co., Ltd. |
C242 |
Botou Sanjiang Casting Co., Ltd. |
C243 |
Botou TongYang Casting Factory |
C244 |
Botou Weili Precision Casting Co., Ltd. |
C245 |
Botou Xinrong Foundry Co., Ltd. |
C246 |
Botou Zhengxin Foundry Co., Ltd. |
C247 |
Cangzhou Hongyuan Machinery & Foundry Co., Ltd. |
C248 |
Cangzhou Yadite Casting Machinery Co., Ltd. |
C249 |
Changsha Jinlong Foundry Industry Co., Ltd. |
C250 |
Changyi City ChangZhan Casting Co., Ltd. |
C251 |
China National Minerals Co., Ltd. |
C252 |
Dingxiang Sitong Forging and Casting Industrial |
C253 |
Dingzhou Dongyu Foundry Co., Ltd. |
C254 |
Handan City Jinzhu Foundry Co., Ltd. |
C255 |
Handan Haolin Casting Co., Ltd. |
C256 |
Handan Qunshan Foundry Co., Ltd. |
C257 |
Handan Yanyuan Machinery Foundry Co., Ltd. |
C258 |
Handan Yuanyang Foundry Co.,Ltd |
C259 |
Handan Zhangshui Pump Manufacturing Co., Ltd. |
C260 |
Hebei Cheng’An Babel Casting Co., Ltd. |
C261 |
Hebei Feixiang East Foundry Products Co., Ltd. |
C262 |
Hebei Jinghua Casting Co., Ltd. |
C263 |
Hebei Shunda Foundry Co., Ltd. |
C264 |
Hebei Tengfeng Metal Products Co., Ltd. |
C265 |
Hebei Zhonghe Foundry Co., Ltd. |
C266 |
Hengtong Valve Co.,LTD |
C267 |
Heping Cast Co., Ltd. Yi County |
C268 |
Jiaocheng County Honglong Machinery Manufacturing Co., Ltd. |
C269 |
Jiaocheng County Xinlei Machinery Manufacturing Co., Ltd. |
C270 |
Jiaocheng County Xinxing Casting Co., Ltd. |
C271 |
Jinan Laiwu Haitian Machinery Manufacturing Co., Ltd |
C272 |
Laiwu Xinlong Weiye Foundry Co., Ltd. |
C273 |
Lianyungang Ganyu Xingda Casting Foundry |
C274 |
Lingchuan County Rainbow Casting Co., Ltd. |
C275 |
Lingshou County Boyuan Foundry Co., Ltd. |
C276 |
Pingyao County Master Casting Co., Ltd. |
C277 |
Qingdao Jiatailong Industrial Co.,Ltd |
C278 |
Qingdao Jinfengtaike Machinery Co., Ltd. |
C279 |
Qingdao Qitao Casting Co., Ltd. |
C280 |
Qingdao Shinshu Casting Co., Ltd. |
C281 |
Qingyuanxian Yueda Fountry Co., Ltd. |
C282 |
Rockhan Technology Co., Ltd. |
C283 |
Shahe City Fangyuan Casting Co., Ltd. |
C284 |
Shandong Heshengda Machinery Technology Co., Ltd. |
C298 |
Shandong Hongma Engineering Machinery Co., Ltd. |
C285 |
Shandong Lulong Group Co., Ltd. |
C286 |
Shanxi Ascent Industrial Co., Ltd. |
C310 |
Shanxi Associated Industrial Co., Ltd. |
C287 |
Shanxi Jiaocheng Xinglong Casting Co., Ltd. |
C288 |
Shanxi Solid Industrial Co., Ltd. |
C289 |
Shanxi Yuansheng Casting and Forging Industrial Co., Ltd. |
C290 |
Shaoshan Huanqiu Castings Foundry |
C291 |
Tang County Kaihua Metal Products Co., Ltd. |
C292 |
Tangxian Hongyue Machinery Accessory Foundry Co., Ltd. |
C293 |
Tianjin Jinghai Chaoyue Industrial and Commercial Co., Ltd. |
C294 |
Tianjin Yu Xing Da Casting Co., Ltd. |
C295 |
Wangdu Junrong Foundry Co., Limited |
C296 |
Weifang Nuolong Machinery Co., Ltd. |
C297 |
Weifang Weikai Casting Co., Ltd. |
C299 |
Wen Shui Hengli Nature of the Company |
C300 |
Wuhan RedStar Agro-Livestock Machinery Co. Ltd |
C301 |
Zibo Joy’s Metal Co., Ltd. |
C302 |