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October 27th afternoon message involves a number of countries in Asia India hot rolled products safeguard investigation hearing in October 28th will be held in new delhi. China steel industry association organization mainly domestic iron and steel enterprises to attend the meeting and the related coordination. China Steel Association is responsible for the development of personal security measures will hinder India downstream industries.
Before the
China Steel Association responsible person said, since the financial crisis, the common characteristics of rely on stimulating domestic demand as the economy recovery process, India one of BRIC countries, especially in the financial crisis. It is undeniable that, in the current round of economic recovery, imported steel products especially the high-end products, to fill the domestic blank in India, promoting the development of downstream industries of India. The hot plate and protection measures of investigation, India does not distinguish between imported varieties, it ignores the fact that development of India to the world.
International Steel Association in the recently held annual meeting 2009 forecast, India steel demand will increase 8.9%, 2010 will further increase to 12.1%. India infrastructure construction is a long-term plan, the government of India will continue to increase investment in 2010.
the safeguard measures initiated in November 28,[link widoczny dla zalogowanych], 2008,[link widoczny dla zalogowanych], involving countries including China, Indonesia,[link widoczny dla zalogowanych], Iran, Kazakhstan, Japan, Malaysia, Philippines, Romania, Russia,[link widoczny dla zalogowanych], South Africa, South Korea, Saudi Arabia, Turkey, Ukraine, Thailand. At the same time, anti-dumping investigations initiated has been abolished in August 11, 2009, but the safeguard measures. The iron and steel enterprises including Chinese enterprises, hope that through consultation, to enable India to withdraw the safeguard measures.
A few months before the
benefit from the increase in demand for automotive and consumer durable goods,[link widoczny dla zalogowanych], in 2009 4 ~ September, India steel consumption increased by 5.7%,[link widoczny dla zalogowanych], reaching 26490000 tons. With the increase in vehicle,[link widoczny dla zalogowanych], engineering products, consumer durable goods and infrastructure projects of steel demand, is expected in 2009 April to 2010 April, India steel demand will increase by about 10%.
"if the trade protection measures for the fourth quarter of 2008 in India is a normal reaction in response to the financial crisis, so in today's situation,[link widoczny dla zalogowanych], still insist on this protection is very puzzling. At present, India strong domestic steel production and demand,[link widoczny dla zalogowanych], price stability, the rapid development of iron and steel industry. In the face of such a good situation, whether India is necessary to continue to adhere to the 2008 crisis thinking,[link widoczny dla zalogowanych], to take trade protection measures, to break the benign interaction between international trade order?" CISA said.
actually, since for the protection measures,[link widoczny dla zalogowanych], China Steel Association on the organization of enterprises to actively responding measures, and to seek the India related enterprises and government departments for consultation, the Indian side to find ways to remove the safeguards.
financial crisis, India steel demand growth has been maintained at 9% to 10%, although the fourth quarter of last year declined, but the first quarter of this year, demand growth recovered to 2% ~ 3%,[link widoczny dla zalogowanych], 4 ~ August growth cat
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