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August 17, 2013

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EU asks for WTO ruling in steel tube duties row

The European Union has asked the World Trade Organization to rule in a dispute over Chinese anti-dumping duties on high-performance stainless steel seamless tubes from the EU.

The EU lodged a complaint at the WTO in June, and consultations in July did not resolve the dispute. The EU is now asking the WTO to set up a panel to rule on the case.

The case is one of a series of high-profile trade disputes that have broken out between China and the 28-nation EU, led by a quarrel over alleged dumping of Chinese solar panels in Europe that was defused in July.

EU exports to China of the tubes, used in power plants, were worth around 90 million euros (US$119 million) in 2009, but fell to under 20 million euros around the time that China imposed definitive anti-dumping duties in November 2012, the EU said.

It said the duties of 9.7-11.1 percent were hampering access to the Chinese market.

 




 

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