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EU Tariffs On Chinese Steel New

Jun 30, 2016

  United Kingdom financial times January 31: Chinese steel levy new tariffs of the European Union.

In order to more powerful means of dealing with the EU's growing steel industry crisis. Of the official journal of the European Union (Official Journal of the European Union) recently issued a statement saying, EU imports from China including steel, rebar for building a new set of duties.

  Temporary tariff rate will be 9.2% to 13%. According to EUROFER, from 2010 to 2014, mainland China and Taiwan steel exports to the EU grew by "more than 200%", market share rose 180%. The European iron and steel industry in China is about 420,000. Due to the higher labor costs and environmental costs of the European Union, the European steel industry is vulnerable to the impact of cheap imported steel.