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China stops anti-dumping investigation on Russian steel
22/06/2012 12:00
China decided to stop an investigation on the anti-dumping case of grain-oriented flat-rolled electrical steel (GOES) imported from Russia starting from Thursday, the Ministry of Commerce said Thursday.
The ministry said the anti-dumping duties imposed on the GOES imported from two Russian companies, OJSC Novolipetsk Steel and VIZ-Stal Ltd, will also be removed as of Thursday.
The decision was made as two Chinese iron and steel producers, Wuhan Iron & Steel Group Corp. and Baosteel Group Corp. Ltd., on June 4 proposed to revoke their applications on a midterm review.
In response to their previous applications, the ministry started the midterm review on June 27, 2011.
China has imposed anti-dumping duties of 6.3 percent to 25 percent on Russian GOES since April 11, 2010.
The GOES is mainly used in the manufacturing of transformers, reactors and generators.
Thursday, June 21, 2012
Source: english.gov.cn
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