Steel firms blast US' latest levies

China railed against the United States' decision to slap anti-subsidy duties on Chinese-made steel pipes for the oil industry, the latest trade dispute between the two nations.

The taxes imposed range from 10-16 percent and will impact $2.7 billion worth of Chinese steel pipe exports, making it the largest trade measure the US has ever launched against China.

"The ruling is discriminative. China is strongly against it," said Yao Jian, spokesman for the Ministry of Commerce, in a statement yesterday.