China is the world's largest steel producer and exporter. In 2018, China exported 66.9 million metric tonnes of steel, a 9 per cent decrease from 73.3 million metric tonnes in 2017, according to data from US Department of Commerce. Photo: Reuters
China to hit Indonesia, Japan, EU, South Korea stainless steel imports with anti-dumping duties
- Taxes ranging from 18.1 per cent to 103.1 per cent will be imposed on all stainless steel billets and hot-rolled stainless steel plates from Tuesday
- Indonesia in particular has benefited from the Belt and Road Initiative, according to Foshan-based Metal Materials Industry Association
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China economy
China is the world's largest steel producer and exporter. In 2018, China exported 66.9 million metric tonnes of steel, a 9 per cent decrease from 73.3 million metric tonnes in 2017, according to data from US Department of Commerce. Photo: Reuters