The US Trade Commission ruled on May 15 that it will continue to impose anti-dumping duties on imported coke from China. The impact of anti-dumping duties on coke exports is limited.
After the financial crisis in 2008, China imposed a 40% export tariff on coke products. Therefore, in recent years, coke has been dominated by domestic trade. The amount of coke to be exported in the future will continue to operate at a low level and will not change much. At present, there is only a small amount of coke exports, and both are large customers maintaining foreign strategic old customers. The export quota is more than the actual export volume is a foregone conclusion. Although coking companies and import and export traders have great opinions on this matter, the macroeconomic policy of the country is that high-pollution, high-energy-consuming industries resolutely discourage exports or suppress exports.
As for the current unit price, the domestic coking enterprises have a higher loss ratio, the coke industry's export golden period has passed, and the coke export enterprises are not enthusiastic. In April, the export price of coke was US$459 per ton, a decrease of US$7. In April, China exported 40,000 tons of coke, a drop of 60% from the previous month and a decrease of 91% year-on-year. From January to April, the total exports were 290,000 tons. In the same period of last year, China exported 1.68 million tons of coke, a year-on-year decrease of 82%. As China's exports of coke have fallen sharply, the anti-dumping duties levied by the United States have had a limited impact on China's coke export market.
At present, the United States accounts for a small proportion of China's coke export market. Therefore, the US imposes anti-dumping duties with limited impact on Chinese coke exports. After the state imposed tariffs, the profits from the export of cast coke have been reduced. Currently, it is used in large quantities for domestic use. The only export volume is also sold to Asian countries, so the impact of US anti-dumping duties on coke exports is small. From 2002 to 2004, the coke production capacity in the United States decreased by 15% compared with the past. Although imports from China to a certain extent make up for the gap between the supply and demand of coke in the United States, due to the rapid development of China's own steel industry, the amount of coke exported to the United States has decreased from 15.2 million tons in 2000 to 13.3 million tons in 2003. . By the end of 2011, the amount of coke imported from China by the United States has decreased significantly, accounting for less than 3% of China's exports of coke. Such a low proportion will not affect the overall export of coke in China.
Although the output of coke in China ranks among the top in the world, the cost of casting coke due to its higher demand for raw materials, the price has been higher, and the current domestic coking companies have low profit margins, and companies have limited production and production suspension. Domestic coking enterprises have a low level of export of this quality coke. After the United States has imposed coke anti-dumping duties, Chinese trading companies will reduce their exports to the United States.
Rabbit Fencing,Wire Netting,1/2′′ Chicken Wire
Gabion And Mattress,Stainless Steel Wire Mesh Co., Ltd. , http://www.chwire-mesh.com