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EU extends anti dumping duties on Chinese steel ropes- The 19th China（Guangzhou）Int’l Sheet metal machinery,Forging, Stamping and Setting Equipment Exhibition
4/24/2018 钣金展-Sheetmetal machinery, Forging, Stamping expo |
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European Commission on April 20th 2018 extended anti dumping duties on steel ropes and cables from China for another five years. In a statement, the commission said that anti-dumping duties of 60.4 percent have been in place since 1999 and this was the third expiry review, extending measures at the same level for a further five years. It added the products consigned from Morocco and the Republic of Korea were also subject to these duties.
It said that "The expiry review investigation found evidence that dumping from Chinese companies would continue should measures be allowed to lapse, which would have a negative financial impact on the EU steel industry.”
The commission said that "The global surplus in steelmaking capacity has driven down steel prices to unsustainable levels in recent years and had a damaging impact on the steel sector, as well as related industries and jobs.”
It added the EU uses full potential of its trade defense toolbox to ensure a level-playing-field for its producers and their ability to maintain jobs in the sector.
中国最大钣金展-锻压展-2018第十九届广州国际钣金、锻压工业展览会-巨浪展览
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The 19th China（Guangzhou）Int’l
Sheet metal machinery,Forging, Stamping and Setting Equipment Exhibition
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exhibition, China Sheet metal expo, Forging exhibition, Forging expo, 2018
Forging exhibition, 2018 Forging expo, Stamping exhibition, Stamping expo
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