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China says it 'regrets' EU duties on Chinese cold-rolled steel

Reuters  |  BEIJING 

BEIJING (Reuters) - China's Commerce Ministry said on Thursday it "regrets" the European Commission's decision to put anti-dumping duties on Chinese cold-rolled steel plates, the latest spat between the trade partners battling a global steel glut. China's steel industry, a major employer, has struggled to meet targets to reduce its overcapacity, and rising prices for steel have encouraged firms to ramp up production for export. Rival producers have accused China of selling into export markets at below cost after a slowdown in demand at home, forcing job cuts and plant closures elsewhere amid ...

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First Published: Fri, August 05 2016. 01:17 IST
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