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In the world steel dispute, China initiated an anti – dumping investigation against imports from EU countries and other countries. As announced today by the Chinese Ministry of Commerce, a complaint has been filed by a domestic producer against certain varieties of stainless steel from the EU, Japan, Korea. South and Indonesia
on iron and steel products to protect European producers from serious market distortions caused by the new US tariffs. Due to the US special duty of 25%, introduced in March, more foreign steel products from China and other countries would have landed in Europe
.
"End the chaotic situation"
In a separate statement at the request of dpa, the Chinese Ministry of Commerce called on the countries concerned to settle the dispute and "put an end to the chaotic situation in trade world steel ". All parties should refrain from doing more damage.
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