New Anti-Dumping May Attack China Stainless Steel from EU

According to the Bloomberg Tax, the EU has imposed stainless steel tariffs on China and Indonesia. European stainless steel producers, including Outokumpu Oyj and Acerinox SA, may impose tariffs on competitors from China, Taiwan and Indonesia for alleged dumping prices.

It is reported that the EU began to explore whether flat-panel stainless steel supplier in China, Taiwan and Indonesia are selling below Europe at a lower cost. The survey specifically involved hot-rolled stainless steel sheets and coils for other types of steel and stainless steel pipes.

According to Eurofer, the European industrial group, the value of the EU’s imports from the world last year was nearly 900 million euros (1 billion USD).

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