Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, June 30 (Xinhua) — China’s Ministry of Commerce announced Monday that it will extend anti-dumping duties on stainless steel billets and hot-rolled sheets and coils imported from the European Union, Britain, the Republic of Korea (ROK) and Indonesia for another five years from July 1.
This decision was made following an investigation initiated in July 2024 at the request of the Chinese industry in connection with the expiration of anti-dumping measures in relation to the above-mentioned products.
As noted by the Ministry of Commerce, if the anti-dumping measures are terminated, dumping of stainless steel billets and hot-rolled sheets and coils imported from the EU, UK, ROK and Indonesia may continue or resume, potentially causing further or new damage to China’s industry.
Under the expanded measures, anti-dumping duties on imported stainless steel were set in the range of 23.1% to 103.1% for Kazakhstan, 43% for the EU and the UK, and 20.2% for Indonesia.
Stainless steel billets and hot rolled sheets and coils are widely used in shipbuilding, container manufacturing, railway construction, electric power, petroleum and petrochemical industries. –0–