EU 24% levy anti-dumping duties on Chinese steel wire
【2012-10-22】

EU foreign ministers meeting on the 27th decided to levy anti-dumping duties of up to 24% of the steel rod from China for a period of 5 years. This decision without discussion they passed According to regulations, require the approval of the 27 EU member states to implement anti-dumping duties.

This is the offensive of steel products in China in the past two years the EU initiated anti-dumping again. In December 2008, the EU decided to 5 years up to 87% of the official anti-dumping duties imposed on imports of steel fasteners from China. Earlier this year, a member of the Union of the European steel industry, iron and steel products manufacturer in China dumping steel products at below the cost of production prices in the EU. In February, the EU steel rod production from China to impose provisional anti-dumping duty of 24%. Typically, the implementation of the provisional anti-dumping duties for a period of six months. Meanwhile, the European Commission in the "investigation" before deciding whether to impose five-year anti-dumping duties. is the offensive of steel products in China in the past two years the EU initiated anti-dumping again. In December 2008, the EU decided to 5 years up to 87% of the official anti-dumping duties imposed on imports of steel fasteners from China. Earlier this year, a member of the Union of the European steel industry, iron and steel products manufacturer in China dumping steel products at below the cost of production prices in the EU. In February, the EU steel rod production from China to impose provisional anti-dumping duty of 24%. Typically, the implementation of the provisional anti-dumping duties for a period of six months. Meanwhile, the European Commission in the "investigation" before deciding whether to impose five-year anti-dumping duties.