IN BRIEF (Page 16)

Dumping duties on S.Korean steel go

The Ministry of Commerce said on Tuesday it will drop anti-dumping duties on a grade of electrical steel produced by Posco from June 9, after the South Korean steel producer pledged pricing remedies. Beijing slapped levies on imports of grain-oriented flat-rolled electrical steel from Europe, South Korea and Japan in July 2016 after determining they damaged the Chinese steel industry. The steel is used in manufacturing products such as motors and transformers.

Tougher rules for ride-hailing services