Business / Policy Watch

China ceases anti-dumping duties on Japan, EU steel exports

(Xiinhua) Updated: 2016-08-23 10:15

BEIJING - The Ministry of Commerce said Monday that it would scrap anti-dumping duties on high-performance stainless steel seamless tubes imported from Japan and the European Union, effective on Monday.

The ministry levied anti-dumping duties on imports of high-performance stainless steel seamless tubes from Japan and EU from November 9, 2012, the ministry said in a statement on its website.

The duties ranged from 9.2 percent to 14.4 percent according to the level of dumping.

On June 20, the ministry notified the domestic steel industry that it would review the anti-dumping measures. During the review period, the domestic industry withdrew its applications for continuing levying anti-dumping duties on Japan and EU imports.

Therefore, the ministry decided to cease the anti-dumping duties, according to the statement.

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