The European Union (EU) has decided to impose an anti-dumping duty of 10-25% for six months on flat-rolled Stainless steel imports from China and Taiwan. EU opened investigation on June 2014 after steel makers complaint of cheaper imports from China and Taiwan.
Chinese and Taiwanese companies that cooperated with the EU investigation are excluded from the duties.
Chinese companies targeted in the latest decision include Baosteel Stainless Steel Co, Shanghai, Ningbo Baoxin Stainless Steel Co, Ningbo, Shanxi Taigang Stainless Steel Co, Taiyun City and Tianjin TISCO and TPCO Stainless Steel Co, Tianjin City.
Taiwan firms include Chia Far Industrial Factory Co, Taipei City, Tang Eng Iron Works Co, Kaohsiung City and Yieh United Steel Corporation, Kaohsiung City.
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