The European Commission has imposed provisional anti-dumping duties on some stainless steel products from China, Indonesia and Taiwan, according to the official EU journal, nearly eight months after launching a probe into low-price imports.
FILE PHOTO: Stainless steel tubes seen at a factory in Britain, October 30, 2018. Christopher Furlong/Pool via REUTERS/File Photo
It is expected the duties will restore fair trading conditions, end the price depression and allow the EU industry to recover, said the regulation dated April 7, noting price pressure had had a serious impact on profitability. Prices of these imports “undercut the industry’s prices,” it added, putting the undercutting margins at 4.1% for Taiwan, 9.3% for China and 10.7% for Indonesia.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
With the world distracted, China intimidates TaiwanWith covid-19 subsiding in China but consuming America, some in Taiwan feel vulnerable
Consulte Mais informação »
Netherlands refuses to 'Go Dutch' on EU coronavirus debtAs the European Union spars over an emergency economic package for countries reeling from the COVID-19 pandemic, the Dutch have revived their image of thriftiness by refusing to support a plea by southern members to take on collective debt.
Consulte Mais informação »
Key EU states agree coronavirus economic rescue: diplomatsGermany, France, Italy, Spain and the Netherlands reached an agreement on Thursday evening on an economic support package against coronavirus epidemic, paving the way for a deal among all 27 EU finance ministers, diplomatic sources said.
Consulte Mais informação »
The EU has bungled its response to coronavirus and it might never fully recoverThe pace at which Covid-19 spread around the globe left governments and international institutions paralyzed. But few experienced the scale of the whiplash currently being felt in Brussels.
Consulte Mais informação »