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EU May Hit China, Taiwan, Indonesia with Stainless-Steel Tariffs

Steel News - Published on Tue, 13 Aug 2019

Image Source: SCMP
Bloomberg reported that European stainless-steel producers including Outokumpu Oyj and Acerinox SA may win tariffs against competitors from China, Taiwan and Indonesia over suspected price dumping. The European Union opened a probe into whether Chinese, Taiwanese and Indonesian exporters of flat-rolled stainless steel sell it in Europe below cost.

The inquiry specifically covers hot-rolled, stainless-steel sheets and coils, which are used for other kinds of steel and for tubes. EU imports of the product from around the world were worth almost EUR 900 million

Source :

Posted By : Ratan Singh on Tue, 13 Aug 2019
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