EU imposes tariffs on Chinese stainless steel imports
March 30, 2015 Category Foreign trade, Weekly
The European Union imposed anti-dumping duties on imports of cold-rolled flat stainless steel from China and Taiwan. Tariffs of up to 25.2% are applied for sheet, coil and strip imports from China and up to 12% for Taiwan’s product, following a complaint lodged in May 2014 by the European steel producers association, Eurofer, that said China and Taiwan shipped €620 million of cold-rolled stainless steel to the EU in 2013, some 17% of the overall market, and were guilty of dumping. Imports from the two regions more than tripled from 2010 to last year, Eurofer said. The duties are provisional pending the outcome of an investigation due to end in September.
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