European steel producers lodge anti-dumping complaints against Chinese import
30/10/2007 17:20
European steel producers lodged anti-dumping complaints with the European
Commission against imports from China, the European Confederation of Iron and
Steel Industries (Eurofer) said yesterday.
The Brussels-based industry body
said in a statement that it filed two complaints requesting the imposition of
anti-dumping measures on imports from China, with one related to stainless steel
cold-rolled flat products and the other targeted at hot- dipped metallic coated
sheet and strip.
Imports from South Korea and China's Taiwan were also
included in the first complaint, which the Eurofer said was due to their sharp
increases in percentage terms.
"Both complaints are filed on the basis of
evidence showing that dumping of the products concerned is causing material
injury to the European steel industry," the statement said.
Eurofer claimed
massive volumes have been dumped on the European Union (EU) market at dumping
margins of up to 40 percent, bringing down EU domestic prices by up to 25
percent and making European steel producers' life harder.
The statement said
Eurofer is examining the situation of other steel products in view of filing
additional anti-dumping complaints against imports from China
soon.
Xinhua
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