• Steel Market Insider

    We strive to let you one step ahead of the market

Steel News
Advanced search
    Key words
  • Search By
  • Date
  • Classification
  • Region
Advanced search

EU approves to impose punitive import duties on Chinese steel pipes

  • A
  • A
  • A
The European Union (EU) governments approved to impose punitive import duties on Chinese steel pipes used in energy sectors for five years. Reuters reported.

It’s known that a majority of diplomats approved a proposal to impose tariffs worth up to about 68% on Chinese steel pipe imports, worth €500 million a year.

In the background, Germany's Salzgitter and Spanish steel tubes maker Tubacex appealed to the EU authorities to investigate against their Chinese rivals as the stainless steel tubes and pipes from China were sold in the European market with lower prices, hurting their profits.

Meanwhile, the 68% of punitive import duties will become effective in the end of 2011 to replace the current 71.5%.
News Date 27 Oct 2011 13:39:34 reported by Andy

India government refuses to adjust minimum import ...
Government policies
27 Nov 2015 09:57
Australia announces final ruling on AD investigati...
Government policies
26 Nov 2015 13:28
Eurofer accused anti-dumping on Chinese import ste...
Government policies
24 Nov 2015 10:37
US DOC starts antidumping/countervailing investiga...
Government policies
20 Nov 2015 10:38
US DOC launches AD/CVD investigation against stain...
Government policies
19 Nov 2015 10:58
Most Popular