January 2012 | Coated Steels
Dumping and protectionism in Europe-China trading strategies: European Market Highlights
In developed markets, anti-dumping is the weapon of choice to limit the erosion of marginse.
Heightened likelihood of recession is stirring concerns in the major Chinese trading partners. For some raw materials rich emerging markets, this resulted in higher export duties on raw materials. In developed markets, anti-dumping is the weapon of choice to limit the erosion of margins and ultimately of viable capacity induced by low-price Chinese products. Following December announcement that they would take action against what they perceived to be subsidised Chinese coated. The European commission started investigating the prices of Chinese coated imports in December and could levy an import duty if the findings confirmed the suspicions.
CIS prices remain low
CIS prices remained low in January. This was particularly due to additional cheap imports made available by a declining demand somewhere else...
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