Steelmakers around the world have declared opponents in the dumping of cheap products to the market, which threatens to trigger a series of small-scale trade war. The world economic outlook turned dark steel industry overcapacity, some corporate executives say, Texas from the United States to Asia, Thailand, and everywhere in the sales war launched beggar-thy-neighbor, the product price than the cost low.
 
More than 10 years ago to implement measures to prevent the dumping of hot-rolled coil in Russia, the U.S. Commerce Department is to evaluate these measures. For fear of the transaction or the obstruction by the U.S. authorities, a major steel traders have stopped importing Russian steel coil.
 
This distress is not the developed countries, proprietary, many emerging economies, but also by the prices have fallen distress and blame cheap imports. BluescopeSteel, Australia's largest steelmaker, said that this week will focus on hot rolled coil imports from Japan, Taiwan, South Korea and Malaysia filed anti-dumping proceedings.
 
Admittedly, falling prices and fierce competition, at least in terms of the current steel consumers, such as automotive and appliance manufacturers, as well as construction companies. However, if this friction set off a trade war, once States to take retaliatory trade measures have been treated unfairly, consumers may also be affected.
, Who is also the world's largest steel consuming and producing countries of China, has a special steel "orientation of the silicon electrical steel taxation. China last month to the World Trade Organization to submit a complaint, accusing the U.S. imposition of countervailing duties on Chinese products, and litigation involving solar panels and other 22 kinds of products.
 
Related News:
 
Australia on the four Asian countries dumping of hot rolled coil allegations to investigate
 
Blue scope Steel, Australia's largest steelmaker, the anti-dumping proceedings, the Australian Customs Service to investigate the hot rolled coil dumping allegations from four Asian countries.
 
Blue Scope, said the survey covered the hot rolled coil from Japan, Malaysia, South Korea and Taiwan.
 
"Blue Scope Steel supports free and fair trade, and worried about unfair competition in the Australian steel market," said the company's Australia and New Zealand Chief Executive Officer Mark Vassella.
 
World economic outlook turned dark led to the steel industry overcapacity, some corporate executives from Texas, USA and Asia, Thailand, and everywhere in the sales war launched beggar-thy-neighbor, the product price than the cost low. Sanctions against Iran, as well as the Arab Middle East demand in the spring after exercise recovery is weak, have made tensions worse, cut off the main import market.
 
This enhances the global steelmakers to mention the possibility of anti-dumping proceedings.
 
Blue Scope is estimated that the substantial damage caused by such dumping of these goods amounted to approximately $ 50 million, adding that the Department may take up to six months in order to confirm the merits.




Other News:
The protection of the global steel market saturation trade war ready
Steel City: dotted line is difficult to face ，sharp sword low volatility
British manufacturing industry rose contrarian lead to sustained economic recove
Rio Tinto: will not restore the annual pricing model
The profit model failure of a large number of steel trade is about to leave
Out of the woods of large enterprises of the steel trade and industry should mak
ASEAN steel consumption continued to grow up
Iron ore market continues vulnerable,short-term or continue to fall