58
Stainless steel anti-dumping tariffs not working?
According to Dr Roberto Marzorati, general manager of Ferriere di Stabio in Switzerland, little benefit can be seen for European producers
of stainless steel fasteners since the introduction of import tariffs on fastener imports from China, Taiwan, Indonesia, Thailand and
Vietnam in 2005
Mr Marzorati was speaking at the EIFI 2008 Congress in Venice in Dr Marzorati told EIFI delegates it was obvious that circumvention,
May, where he represented the EIFI Stainless Steel Fasteners committee. where product is shipped via another country into the market to avoid
He presented European trade data for the stainless fasteners market
the anti-dumping tariffs, is widely practiced, causing the pattern of
after the imposition of tariffs. This showed that between 2006 and
imports to change, as shown in the chart below. He expressed the view
2007, after the implementation of tariffs in 2005, while the total
that import tariffs alone were not a long term solution to the dumping
European market size increased by 11%, EU stainless fastener
problem.
production fell by 10%. Total imports increased by 39%, and overall,
There are also problems of cheaper, out of specification materials
imports from Asia rose by 42%. The market share of European
being used by some importers, particularly low nickel stainless steels,
producers fell from 53% to 41% in this period.
which required continuing vigilance and action against this practice. Use
of such materials puts product assemblies at risk because there is
Data in tonnes 2006 2007 07/06
always a shortfall in the properties of such fasteners. It is important to
make known any incidence of substandard fasteners arriving into
European Production 80,000 72,000 -10%
Europe, because this will help to defend the European manufacturers’
product.
European Exports
15,000 16,000 +6.6% If we continue to do this, and are also able to make the use of
European Imports
58,700 81,700 +39%
manufacturer’s logos mandatory, and “made in” information on the
labels of bags and boxes, it should allow product differentiation which
Market Size
123,700 137,700 +11% should support European manufactured product.
The table below shows import data from individual Asian countries.
This article was published with the approval of Dr Mazorati.
Malaysia now appears to be the largest volume importer, while both
India and South Korea registered huge increases in imports between
2006 and 2007 - 208% and 659% respectively.
Imports in tonnes / month
Imports
2003 2004 2005 2006 2007 07/06
from:
Total Asia 3477 4438 3765 4466 6360 42%
S. Korea 13 24 11 41
311 659%
Japan 279 150 207 242
301 24%
India 73 124 114 269 829 208%
China 404 1009 790 643 839 30%
Indonesia 542 433 259 196
105 -46%
Malaysia 252 314 338 868 1372 58%
Taiwan 804 1213 959 799
1009 -31%
Thailand
289 457 280 112 77 17%
New president for German Fasteners Association
Christian Kocherscheidt, CEO of EJOT Holding GmbH & Co. KG, Bad Berleburg, has taken office as the new president of the German Fasteners
Association (Deutscher Schraubenverband) e.V.
The executive board of the association elected Mr Kocherscheidt on the 2nd of April, 2008. He now replaces Tillmann Fuchs, CEO of Fuchs
Schraubenwerk GmbH in Siegen, who held the office for nine years. Tillmann Fuchs remains a member of the executive committee of the association and
he represents the association as vice-president of the European Industrial Fasteners Institute (EIFI) with headquarters in Brussels.
EJOT is a medium sized group of companies operating in the area of fastening technology. It employs more than 2,000 employees, about 1,300 of them
working in companies in Germany, with a further 700 employees based in foreign offices and connected companies in Europe, America and Asia.
Mr. Christian Kocherscheidt takes over the office as president in a difficult time: The costs for raw material and energy are
continuously increasing and the member companies of the German Fastener Association are facing great challenges. Mr.
Kocherscheidt, therefore, defines a main task of the association as providing more cost-transparency along the value added
chain in order to strengthen the position of the member companies when negotiating with raw material suppliers and
customers.
The German Fasteners Association, located in Hagen, represents the interests of presently 110 manufacturers of
mechanical fasteners as well as associated members. In Germany the sector of bolt, screw and nut manufacturing
companies comprises about 70 enterprises. The German Fastener Association mainly consists of medium-sized family
companies managed by the owners. In 2007 the annual production of this industrial sector totalled 706,000 tonnes with a
value of some 2.9 billion euros.
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