Related News
US, Russia dumping electrical steel, says China
By Wang Yanlin |
December 10, 2009, Thursday
|
Online Edition
Online Edition
THE United States and Russia are dumping flat-rolled electrical steel in China and are supporting the market with subsidies, China announced today.
The preliminary ruling on imported grain-oriented steel, used in transformers, rectifiers and reactors, said US companies are dumping them with a rate from 10.7 percent to 25 percent in China and they get subsidies ranging from 11.7 percent to 12 percent.
It said Russian steel producers are dumping with a rate from 4.6 percent to 25 percent, according to China's Ministry of Commerce Website.
The ruling followed an investigation which began in June into dumping and subsidies, the statement said.
China will start collecting cash deposits from US and Russian steel producers from tomorrow.
The decision followed a US ruling last month intending to impose punitive tariffs on imports of Chinese pipes used in oil wells.
The preliminary ruling on imported grain-oriented steel, used in transformers, rectifiers and reactors, said US companies are dumping them with a rate from 10.7 percent to 25 percent in China and they get subsidies ranging from 11.7 percent to 12 percent.
It said Russian steel producers are dumping with a rate from 4.6 percent to 25 percent, according to China's Ministry of Commerce Website.
The ruling followed an investigation which began in June into dumping and subsidies, the statement said.
China will start collecting cash deposits from US and Russian steel producers from tomorrow.
The decision followed a US ruling last month intending to impose punitive tariffs on imports of Chinese pipes used in oil wells.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
