China introduced anti -dumping duties on pipes from the European Union and Japan

According to the China Chinadaily Information Agency, the PRC government announced the use of protective measures in the form of import duties on the steel pipe of the countries of the European Union and Japan. The Chinese government took these measures based on the results of the anti -dumping investigation of the initiated by him after complaints local metallurgical companies. The sizes of import duties on steel pipes from the European Union and Japan are determined in the range from 9.2 to 14.4%. The highest rate applies to stainless pipes of special purpose. The validity of protective measures is set for 5 years.