China launches probe into stainless steel imports from EU, Japan, South Korea, Indonesia

July 23, 2018

BEIJING (Reuters) – China’s Commerce Ministry said on Monday it has launched an anti-dumping probe into imports of stainless steel billet and hot-rolled stainless steel sheet and plate from the European Union, Japan, South Korea and Indonesia.

The move follows a complaint by Shanxi Taigang Stainless Steel <000825.SZ>, it said.

China imported 703,000 tonnes of those products in 2017, with 98 percent coming from the regions targeted by the investigation.

(Reporting by Muyu Xu and Josephine Mason; editing by Richard Pullin)

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July 23, 2018 at 06:40AM
from One America News Network