Chinese Diamond Saw Blade Industry Situation

As Chinese companies become more and more integrated into the international economic arena, various international economic frictions and disputes have also increased. Although the United States Diamond Saw Blade Manufacturers Association submitted an anti-dumping application to the US government for diamond saws and components from China and South Korea, the Shanghai Stone Industry Association and other agencies have organized the first time to organize Jiang and Zhejiang. Dozens of Chinese companies in Shanghai and Shanghai have joined forces to respond to US anti-dumping pressures. At the same time, they contacted the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, China Stone Industry Association and other relevant organizations to find out the breakthrough point on the basis of fully studying the US indictment. At present, the Chinese industry has hired anti-dumping experts from the Chinese and American legal and accounting circles to actively respond to the lawsuit and strive to win the support of the Chinese government and US partners.

At present, the advance team of the Ministry of Commerce has already begun to work in the United States. The American Diamond Saw Blade Manufacturers Association prepared for 8 months and raised US$1.2 million. On May 3, it submitted an anti-dumping application to China and South Korea for diamond circular saws and components. As of May 31, China`s companies sued by the US have risen from 23 on May 3 to 53, of which 60% are from Jiangsu, Zhejiang and Shanghai, and the amount involved is US$26 million. The cause of China`s diamond saw blade manufacturing companies being sued by US counterparts is that American companies believe that the increase in imported low-cost diamond circular saw blades from China has caused substantial damage to US domestic industries. The United States quoted the country's customs statistics as saying that the diamond circular saw blades exported from China to the United States increased from 8.7 million in 2002 to 13.4 million in 2004, causing American companies to fail to enjoy the construction industry boom. The benefits, on the contrary, have reduced the profit margins of US companies, leading to the bankruptcy of one company, the shrinking market share of many companies, and the fact that US counterparts are "trapped in the embarrassing situation of steel, rising energy costs and falling product prices." On May 3, 2005, the US International Trade Commission received an application from the US manufacturer for China's so-called "anti-dumping" due to the US Department of International Trade's complaint to the American Diamond Saw Blade Manufacturers Association. In doubt, he decided to issue a questionnaire, collect relevant industry support information, and proceed with the "damage" investigation. The questionnaire collection was completed before May 25. It is reported that the US International Trade Commission will hold the first hearing on "damage" in the near future, and a preliminary ruling will be made on June 17. Diamond circular saw blades have become the main products of China's export international tool market. Many domestic enterprises and a group of listed companies are ambitious. The production line under construction is planned to be put into production this year and next. If the United States implements "anti-dumping", it is undoubtedly a good thing for these companies to drink. . According to Dr. Fan Lingen, Secretary General of the Shanghai Stone Industry Association, the global diamond saw blade production has been transferred to Asia on a large scale since 2000. The products produced by Chinese companies are mainly for the low-end market. According to US statistics, from 2003 to 2004, the number of diamond circular saw blades exported from China to the United States increased by more than 30%. In this regard, the litigation materials submitted by the US prosecution seems to be very reasonable, saying that the price of our products exported to the United States is much lower than the normal cost, and the dumping margin is 298.39%. That is, if the US Customs imposes a tariff of 298.39% on Chinese products. , not for dumping. If the enterprises involved in the case or non-involved enterprises in China do not sue, the products exported to the United States in the future will be taxed at the highest rate after the ruling on the dumping case. For the wishful thinking of the American counterparts, Dr. Fan Lingen resolutely refutes that the cost price calculation of Chinese products is based on the factors of production, such as working hours, raw material consumption, energy consumption, etc., multiplied by the unit price of the substitute country (in this case, India). The production cost, together with the fixed conversion management costs, profits, etc. As a developing country, China's labor and material cost advantages are obvious, and there is no such thing as a ridiculous saying that the dumping margin is 298.39%.