China loses WTO appeal in U.S. specialty steel case

Reuters News
Posted: Oct 18, 2012 10:43 AM

GENEVA (Reuters) - China comprehensively lost an appeal on Thursday against a World Trade Organization ruling in a dispute over U.S. exports of specialty steel used in power transformers.

The dispute involved duties imposed by China on "grain-oriented electrical steel", a product made by AK Steel Corp and ATI Allegheny Ludlum, which are based in the electoral battleground states of Ohio and Pennsylvania.

(Reporting by Tom Miles, editing by Stephanie Nebehay)