The European Union (EU) has imposed new anti-dumping duties on steel products from China, as it broadens its campaign to protect struggling steel manufacturers in Europe.
EU Trade Commissioner Cecilia Malmstroem said in Brussels that it imposed duties of up to 35.9 per cent on Chinese hot-rolled flat steel used in shipbuilding, gas containers, pressure vessels, tubes and energy pipelines. He said, the EU took the latest action against China for allegedly flooding global markets in violation of international trade agreements.
In January, the commission had slapped anti-dumping duties on stainless steel tube and pipe butt-welding fittings, which are used to join steel pipes and tubes.