EU imposes anti-dumping duties on Chinese steel

AP News
Posted: Apr 06, 2017 8:15 AM

BRUSSELS (AP) — The European Commission has imposed anti-dumping duties on steel products from China to stop them flooding Europe's struggling steel market.

The Commission said Thursday that an investigation has confirmed that Chinese hot-rolled flat steel has been sold in Europe at dumping prices.

The Chinese exports will now be taxed with duties ranging from 18.1 percent to 35.9 percent.