European wire rod costs rose by around EUR 100/ton in the first quarter 2018, following a similar level of increase in 2017.
Tag "EU"
"As markets recovered and importers returned to long range, longer lead time sourcing, purchasing refocused on Taiwan from which imports continued to grow – even after the antidumping duties on China were repealed," according to Fastener + Fixing executive editor Phil Matten.
Even Great Britain’s ‘Brexit’ has not dampened manufacturing, veteran fastener editor tells Fastener Fair USA conference.
Bufab’s international segment reported a 20% sales increase in Q4, with increased gross margin and lower costs as a percentage of sales, Fastener + Fixing Magazine reports.
During Fastener Fair Stuttgart 2017, fastener leaders from the European Union expressed the need for global trade to be fair for everyone involved.
“The European Commission argued that the claim should not be admitted on the basis IPM had not been directly impacted by the regulation it had challenged,” Fastener + Fixing Magazine reports.
Currently the EU has no antidumping measures on fastener imports. In February 2016 the EU repealed antidumping duties of up to 74.1% on carbon steel fasteners originating in People’s Republic of China after four consecutive EU ‘defeats’ at the WTO Dispute Settlement Body, according to Fastener + Fixing editor Phil Matten.
EU commissioner Cecilia Malmstrom “reiterated EU plans to introduce new ‘country neutral’ antidumping methodology,” Fastener + Fixing Magazine reported.
The European Commission confirmed the expiration of two regulations applying antidumping tariffs to certain stainless steel fasteners originating in China, Taiwan and the Philippines, Fastener + Fixing Magazine reports.
The European Commission issued proposals to substantially strengthen its antidumping defense and bring duty levels closer to those imposed by