Chinese organic coated steel subsidized: EU

Jan 15, 2013 | 10:19 AM | None

Tags  Chinese organic coated steel, anti-dumping claims, subsidized imports, European Union, European Commission, China trade

SHANGHAI — China is subsidizing its organic coated steel producers, the European Commission determined this week, paving the way for companies in the region to seek higher import tariffs on Chinese products, according to the Financial Times.

This follows anti-dumping claims vs. imports of Chinese organic coated steel, used mainly in home appliances, construction materials, heating equipment and furniture.

The European Commission concluded that the Chinese government has also been providing subsidies on land, water, electricity and loans to producers of the product.....

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