Despite the impact of anti-dumping cases, but the export offer fell, the Chinese cold coil offer re-appear in the EU market, especially in the Spanish market, the price is competitive.
Since August last year, the EU on imports from China's cold volume resources levy 19.7% -22.1% of the anti-dumping duties, the Chinese cold volume resources is difficult to enter the EU market, from January to February this year, the volume is only 12,000 tons. However, the recent decline in export prices so that the competitiveness of Chinese resources increased significantly, I heard that the Chinese market to the Chinese market resources reported 465 euros / ton (CFR), plus 22.1% of the anti-dumping duties, quoted at 567 euros / ton, the European cold Volume of the mainstream import price of 620 euros / ton, by contrast, China's competitive resources.
Buyers from the Iberian Peninsula have confirmed that there is a Chinese resource transaction at the above level, and that the import resources are expected to make the local pressure. At present, the main problems facing China's procurement of resources are delivery and payment methods, the resources ordered at this stage may be shipped in June-July, December will arrive in Hong Kong, and procurement of Chinese resources, the buyer must immediately pay VAT and 22% of the anti-dumping duties, which the buyer's cash flow has a higher demand.
In addition, I heard that Chinese suppliers are still on the automotive hot galvanized sheet offer, although the automotive grade hot galvanized sheet should not be in the EU on China's hot galvanized sheet anti-dumping investigation, but the tax number is uniform, so the majority Buyers still do not want to take risks.
