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China not happy EU takes hard line on steel
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CHINA is concerned about the tougher stance by the European Commission toward cheap steel imports from China, a Ministry of Commerce official said yesterday.
The commission called on member states last Wednesday to help in a crackdown on unfairly cheap steel imports from countries such as China and Russia by accelerating and streamlining measures against producers suspected of dumping products onto the European market.
The commission said it may speed up procedures by two months, bringing the European Union’s response time more in line with other countries.
Such policies will hinder exporters in exercising their rights of defense, said an unnamed official, who is in charge of the ministry’s Trade Remedy and Investigation Bureau.
Overcapacity is a global industrial problem that needs to be addressed via dialogue and cooperation, he said.
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