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Investigation into alleged subsidies and dumping of aluminium
road wheels
As readers would be aware, the Australian Customs and Border
Protection Service ("Customs") has been
conducting an investigation into alleged dumping and subsidies
relating to the export of aluminium road wheels
("ARW") from the PRC to Australia.
Customs had very recently required securities on account of interim
duties depending upon the relevant exporters.
However, by way of Australian Customs Dumping notice No. 2012/28
Customs has now announced the termination of certain aspects of the
Investigation.
The Notice indicated that:
Customs had resolved to terminate the countervailing
investigation in relation to exports by CITIC Dicastal and Zhejing
Shuguang Industrial Co Limited ("PDW"). This is on the
basis that while there may have been countervailable subsidies paid
to the benefit of these exporters, they never exceeded the
negligible level during the period of the investigation.
Customs had also resolved to terminate the dumping
investigation so far as it relates to PDW.
There are avenues for appeal by the Australian applicant for the
measures. However, for the time being the decisions by Customs will
stand. As a result, for now, there will be no measures at all
imposed in relation to exports of ARW by PDW.
Further, Customs has completed its final report and
recommendation which have been forwarded to the Minister for Home
Affairs. We await the result of the Ministerial determination.
Investigation into hollow structural sections
By way of Australian Customs Dumping Notices numbered 2012/25,
26 and 27, Customs has made further rulings in relation to the
investigation into alleged dumping and subsidies of certain hollow
structural sections ("HSS") exported from the PRC, South
Korea, Malaysia, Taiwan and Thailand.
The effect of the Notices is as follows:
Termination of the investigation in relation to countervailable
subsidies for two PRC exporters.
Termination of the investigation in relation to exports from
Thailand.
That there appeared to have been sufficient grounds for the
publication of a countervailing duty notice in respect of certain
HSS exported to Australia from the PRC. However, given the nature
of the securities previously sought by Customs arising from its
Preliminary Affirmative Determination in relation to the imposition
of dumping duties on those exports, no further measures are to be
sought.
Customs has confirmed that its final report and recommendations
have been issued to the Minister and we await the final ruling by
the Minister as to measures to be applied to these exports.
Investigation into alleged dumping of hot rolled coil
steel
By way of Australian Customs Dumping Notice No 2012/30 issued on
15 June 2012, Customs has announced the initiation of an
investigation into alleged dumping of hot rolled coil steel
exported from Japan, South Korea, Malaysia and Taiwan. The
application for the investigation was made by the BlueScope Group
as the sole Australian manufacturer. The Notice sets out the
timetable for the various stages of the investigation as well as
the process for making submissions. Many of the affected importers
and all of the affected exporters will receive questionnaires from
Customs followed by some verification visits from Customs.
As always, we will be pleased to provide further assistance
where required
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Direct trading of the Australian Dollar and the Chinese Yuan Renminbi commenced on 10 April 2013, pursuant to an agreement between the Australian Government and the People's Bank of China.
