China imposes anti-dumping duties on stainless steel products from South Korea, the EU and Indonesia



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China has announced that it will impose anti-dumping duties on stainless steel products from South Korea, Japan, Indonesia and the European Union.
The Chinese Ministry of Commerce announced the results of a survey conducted last July on such products manufactured in these countries.
The ministry said the country's actions had harmed the stainless steel industry in China.
The anti-dumping duties will be between 18 points and one point to 103 points from Tuesday.
The South Korean steel producer, POSCO, will face a duty rate of 23 one percent points.

China

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