EU extends duties on stainless steel pipes from China

The European Union has extended its anti-dumping duties, ranging from 48.3 percent to 71.9 percent, on seamless pipes and tubes of stainless steel from China for further five years, the EU official journal said.

In the official journal, the European Commission said that some Chinese steelmakers had significant spare capacity and this could lead to large-scale imports at dumped prices if the measures were lifted.

Though China-EU relations have been progressing steadily, the EU's recent moves could hamper bilateral relations, Wei Jianguo, a former vice-minister of commerce, said on Wednesday.