China’s Ministry of Commerce said Monday it would extend anti-dumping duties on stainless-steel billets and hot-rolled plate and coil from the European Union, the United Kingdom, South Korea and Indonesia for another five years, starting 1 July. The levies, imposed in July 2019 at rates between 18.1% and 103.1%, were upheld after a sunset review found that removing them would likely lead to renewed dumping and injury to Chinese producers. The decision covers goods classified under customs codes 7218, 7219 and 7220. Beijing’s move adds to a series of metal-trade disputes as major economies seek to protect domestic industries. Officials in Brussels and London had no immediate response, but they could challenge the extension at the World Trade Organization.
#China’s Ministry of Commerce (MOFCOM) announced on Monday that it will continue imposing anti-dumping duties on stainless steel billet and hot-rolled stainless-steel plate (coil) imports from the EU, UK, South Korea, and Indonesia for another five years starting July 1, 2025. https://t.co/Ub1BE5dSAb
China's Ministry of Commerce announced Monday that it will extend anti-dumping duties aimed at stainless steel billets and hot-rolled stainless steel plates and coils imported from the EU, the UK, South Korea, and Indonesia for another five years, starting Tuesday. https://t.co/b3j2q97143
China extends anti-dumping duties on stainless steel imports from EU, UK, ROK and Indonesia https://t.co/csES9aLTZa