China on Monday launched an anti-dumping probe into stainless steel products imported from the European Union, Japan, South Korea and Indonesia as the metal remains the focus of global trade tensions. This spring Washington slapped steep tariffs on steel and aluminium imports from major producers, including China, citing concerns
China on Monday launched an anti-dumping probe into stainless steel products imported from the European Union, Japan, South Korea and Indonesia as the metal remains the focus of global trade tensions.
This spring Washington slapped steep tariffs on steel and aluminium imports from major producers, including China, citing concerns that a glut of the metals was hurting US industry and threatening national security.
Although the measures were largely aimed at overcapacity in China, Beijing on Monday became the latest government to take action on the issue after a local producer called for an investigation into alleged dumping.
