Australia imposes 16% duty on China products

“The dumped and subsidized goods appear to have caused material injury to the Australian industry producing like goods,” the Australian Customs and Border Protection Service said in a statement on its Web site. The duty started Nov. 6.

China has been the recipient of anti-dumping duties and World Trade Organization complaints over steel, tires, and metal products this year as the worst economic crisis since the Great Depression spurred governments to protect jobs. The duty may affect sales of as much as 2 billion yuan ($293 million), the 21st Century Business Herald reported today.

Australia started its investigation in June after an application by domestic producer Capral Ltd. The Australian Customs will report to the Minister for Home Affairs with a recommendation by April 15, 2010, the statement said.

“The minister will then decide whether to publish a dumping duty notice and, if relevant, the level of the measures to be imposed,” the statement said. “Depending on the minister's decision, any securities taken may be converted to interim dumping duty or acquitted.”

The affected products sold to Australia are priced at about $2,500 a metric ton, and the 16 percent tax will increase the price of Chinese products by $400 a ton, 21st Century reported.

China is Australia's biggest trade partner with two-way trade valued at A$83 billion ($77 billion) in the 12 months ended June 30. The Asian nation is the world's largest producer of aluminum metal.

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