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The European Union has set provisional import duties on two types of steel coming into the bloc from China to counter what it says are unfairly low prices, in a move likely to anger Beijing.
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Corrosion-resistant steel imports from China were sold at unfairly low prices and will be taxed at 256 percent, according to a preliminary finding of the U.S. Department of Commerce.
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The European Union has set duties of up to 35.9 percent on imports of hot-rolled flat steel from China to counter what it says are unfair subsidies in a finding challenged by Beijing.
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Note: MEPS published Chinese Dealer Prices provide a meaningful comparison between local steel selling figures in China and domestic mill prices in the rest of the world. These present the closest comparable figures to mill selling prices offered to major steel distributors/traders in western countries.
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