Belgium, Brussels: On 4 August the EU imposed anti-dumping measures against some China and Russia steel following industry complaints from the European Steel Association.

EU imposes anti-dumping duties on China and Russia

Belgium, Brussels: On 4 August the EU imposed anti-dumping measures against some China and Russia steel companies following industry complaints from the European Steel Association.

“They will be in place for five years and for the first time will also be levied retroactively,” EU commission spokeswoman Mina Andreeva said, reports EU Observer.

China, late last month, also imposed five-year anti-dumping duties on steel imports from the EU, Japan, and South Korea.

The Chinese tariffs hit grain-oriented electrical steel, used in the manufacture of large generators and electricity transformers.

Source: EU Observer