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Companies & Markets

WTO panel largely rules against China in steel duties dispute

Published Fri, Feb 13, 2015 · 04:00 PM
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[GENEVA] A World Trade Organization dispute panel largely ruled against China on Friday in a case brought by Japan and the European Union to challenge Chinese anti-dumping duties on high performance seamless stainless steel tubes.

Japan brought the complaint in December 2012 to object to China hampering firms such as Nippon Steel & Sumitomo Metal Corp from selling the tubes, which are used in coal-fired power plants.

The European Union, home to exporters such as Spain's Tubacex SA and Germany's Salzgitter AG, joined the case against China in June 2013.

REUTERS

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