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China Hikes Anti-Dumping Duties on Some Steel Products From the EU and the US

  • Writer: Alpine Metals
    Alpine Metals
  • Jun 15, 2019
  • 1 min read

On Friday, China announced its plans to increase anti-dumping duties on some alloy-steel seamless tubes and pipes used for utilities, imported from the EU and the US. Starting June 14, duties go up to anywhere between 57.9% and 146.8% for steel tubes and pipes from these two regions.


According to the Chinese Commerce Ministry, US steel extrusion firm Wyman-Gordon Forgings will be charged 101% as anti-dumping duties, while all other other US firms will be levied 147.8% in anti-dumping duties. Similarly, tariffs on Vallourec’s French and German units will be 57.9%, and all other EU-based companies will be levied 60.8% anti-dumping tariffs.


The Chinese government announced this decision in a bid to support its domestic steel tubes and pipes businesses. China had previously imposed tariffs between 13 and 14.1% on EU and US companies in 2014 which expired in May 2019.


Source: fxleaders / metaljunction.com

 
 
 

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Alpine Metals is a leading supplier, stockholder and distributor of structural steel products and pipes in the UAE, catering to many thousands of clients in the GCC since 1983. At Alpine Metals, we are committed to providing the highest quality structural steel products to our clients in the UAE and beyond. As a leading stockist of structural steel products, we have earned a reputation for excellence in the industry and are proud to be a trusted partner for many businesses.

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