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EU to impose anti-dumping duties on electrical steel imports

It is reported that EU will impose anti-dumping duties on electrical steel imports next month.
The Commission targets to impose tariffs 21.6% for Russian imports and 35.9% for Japanese imports of grain-oriented electrical steel (GOES). Duties applied to China imports will be 28.7%, duties to the US would be 22% and to South Korea will be 22.8%. The duties would normally last for five years.
The mass imports have damaged EU industry by pushing prices down to below the costs of production, causing substantial losses.

Yieh.com

May 4, 2015 09:47
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