(Adds details)
BRUSSELS, Jan 27 (Reuters) - The European Union has imposed
definitive anti-dumping duties on Chinese and Taiwanese imports
of stainless steel tubes and pipe butt-welding fittings to
protect its industry from steel overcapacity.
An investigation found Chinese and Taiwanese manufacturers
had sold stainless steel tube and pipe butt-welding fittings in
Europe at dumped prices, the European Commission said in a
notice published in the official journal on Friday.
Chinese imports will be taxed with anti-dumping duties of
30.7 to 64.9 percent while Taiwanese imports will face duties of
5.1 to 12.1 percent.
The products are used to join pipes and tubes of stainless
steel, and are used in industries including petrochemicals, food
processing, shipbuilding, energy generation and construction,
the European Commission said.
King Lai Hygienic Materials Co. will be taxed at 5.1 percent
on its imports to the EU while Zhejiang Good Fittings Co. will
face a duty of 55.3 percent.
The Commission said it has an unprecedented number of trade
defences in place targeting unfair imports of steel products,
with a total of 39 anti-dumping and anti-subsidy measures, 17 of
which are on products originating from China.
The EU has imposed anti-dumping duties on several Chinese
steel products such as cold-rolled flat steel and stainless
steel cold-rolled flat products. urn:newsml:reuters.com:*:nL5N1794B3
It has also opened investigations into Chinese imports of
heavy plate, hot-rolled, iron or steel seamless pipes.
(Reporting by Julia Fioretti; editing by Susan Thomas and Jason
Neely)
((julia.fioretti@thomsonreuters.com; +32 2287 6875; Reuters
Messaging: julia.fioretti.thomsonreuters.com@reuters.net))
Keywords: EU STEEL/CHINA