EU Imposes Anti-dumping Duties On Chinese Steel Products

EU imposes anti-dumping duties on Chinese steel products

According to the shape of the cross-sectional section, STEEL is divided into simple section shape and complex section steel.Simple section shapes include flat steel,square steel, round steel, angular steel, etc.Complex section shape steel including I-steel, channel steel , rail steel, window frame steel, bending shape, etc.

Hot-rolled flat steel can be used as the raw material of the welded pipe and commonly used in construction, gas containers, cars, pressure vessels and energy pipelines.

hot-rolled flat steel

The European Commission decided on Thursday to impose anti-dumping duties on hot-rolled flat steel products from China.

The European Commission, or the European Union (EU)'s executive arm, said these steel products had been sold in Europe at heavily dumped prices. The new anti-dumping duties range between 18.1 percent and 35.9 percent and will be in place for an initial five years.

A Chinese Ministry of Commerce statement on Thursday quoted Wang Hejun, head of the ministry's trade remedy and investigation bureau, saying that the EU continued the use of the unfair and unreasonable "surrogate country approach" in the investigation, which resulted in artificially-determined high anti-dumping duties for Chinese steel products and thus seriously undermined Chinese enterprises' interests.

Wang said the EU's conclusion lacks factual grounds, urging the EU to correct wrongdoings. He said China will take necessary measures to protect the interests of Chinese enterprises.

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