China Takes the Shine Off Stainless Steel as Response to Safeguarding Epidemic — Panjiva
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China Takes the Shine Off Stainless Steel as Response to Safeguarding Epidemic

China 1758 European Union 406 Indonesia 48 Materials - Metals/Mining 482 Metals - Steel 360 Tariffs 1169 U.S. 3297

China’s Ministry of Commerce has launched an antidumping review of stainless steel billet / sheet exports from the EU, Japan, South Korea and Indonesia. That’s partly a response to America’s section 232 duties on steel that has led to an overflow of supplies to the rest of the world, as well as the EU’s safeguarding measures. The move follows a 3.1x rise in Chinese imports in the six months to February 28 on a year earlier. While China only accounted for 7% of EU exports of stainless steel in the 12 months to May 31 the case follows duties applied to the 26% that were destined for the U....

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