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May 12, 2017

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China questions US probe into steel imports

THE Ministry of Commerce yesterday questioned US trade investigations into imports of steel products from six countries including China, describing the measures as “excessive.”

The US Department of Commerce has decided to initiate anti-dumping investigations against cold-drawn steel mechanical tubing from China, Germany, India, Italy, South Korea and Switzerland. Products from China and India will also be subject to anti-subsidy investigations.

On the ministry’s website, Wang Hejun, head of the trade remedy and investigation bureau, responded to the decision and expressed concerns over rising protectionism from the world’s largest economy.

The frequent trade remedies and restrictive measures have got the attention of the World Trade Organization, he said.

“Under excessive protective policies, US steel plants lack the motivation to make adjustments and are losing their global competitiveness. Trade partners will be harmed, and problems in the US steel sector will still remain,” Wang said.

The US should handle the case cautiously and fairly and create a stable environment for global cooperation in the steel sector, he said.


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