You are here: Home » Reuters » News
Business Standard

EU slaps import duties on some Chinese steels to counter subsidies

Reuters  |  BRUSSELS 

By Foo Yun CheeBRUSSELS (Reuters) - The European Union has slapped provisional import duties of as much as 28.5 percent on certain Chinese corrosion resistant steels after an eight-month investigation found that the products enjoyed unfair subsidies.The August 9 decision by the European Commission followed a complaint by European steel association Eurofer whose members include ArcelorMittal, ThyssenKrupp and Tata Steel Europe.The EU has hit China with anti-dumping duties on various products in recent years after EU companies cited illegal subsidies.The EU executive body said anti-dumping ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, August 10 2017. 15:18 IST