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A few days ago, the European Commission said that it will impose final anti-dumping duties
on corrosion-resistant steel from China.
The EU imposes final anti-dumping duties on corrosion-resistant steel in China
After an investigation, it was confirmed that Chinese manufacturers dumped this product into the EU market, and the European Commission issued this decision
.
In the next five years, the EU's anti-dumping duties on corrosion-resistant steel in China will range
from 17.
2% to 27.
9%.
This is similar
to the tariffs that were temporarily instituted last August.
Corrosion-resistant steel is mainly used in the construction industry, mechanical engineering, the production of welded and steel pipes, and the production of
household appliances.
The EU corrosion-resistant steel market is estimated at €4.
6 billion, 20% of which is supplied by Chinese producers
.
"This measure will offset the downward pressure
on selling prices," the European Commission noted.
These pressures have already caused financial problems for EU producers, mainly in Belgium, France, Poland and the Netherlands
.
”
The steel industry is an important sector in the EU economy and occupies a central position in the global value chain, providing employment
for hundreds of thousands of European citizens.
Currently, the EU imposes tariffs on about 53 steel products, 27 of which come from China
.
，
A few days ago, the European Commission said that it will impose final anti-dumping duties
on corrosion-resistant steel from China.
The EU imposes final anti-dumping duties on corrosion-resistant steel in China
The EU imposes final anti-dumping duties on corrosion-resistant steel in ChinaAfter an investigation, it was confirmed that Chinese manufacturers dumped this product into the EU market, and the European Commission issued this decision
.
In the next five years, the EU's anti-dumping duties on corrosion-resistant steel in China will range
from 17.
2% to 27.
9%.
This is similar
to the tariffs that were temporarily instituted last August.
Corrosion-resistant steel is mainly used in the construction industry, mechanical engineering, the production of welded and steel pipes, and the production of
household appliances.
The EU corrosion-resistant steel market is estimated at €4.
6 billion, 20% of which is supplied by Chinese producers
.
"This measure will offset the downward pressure
on selling prices," the European Commission noted.
These pressures have already caused financial problems for EU producers, mainly in Belgium, France, Poland and the Netherlands
.
”
The steel industry is an important sector in the EU economy and occupies a central position in the global value chain, providing employment
for hundreds of thousands of European citizens.
Currently, the EU imposes tariffs on about 53 steel products, 27 of which come from China
.
，
