The recent allegations made by the structure of «EUROFER» (European Federation of steel) to the Chinese steelmakers that sell stainless steel in the EU at too low a price for Europe, are beginning to be translated into concrete action. According to the «Steel Guru», «EUROFER» declared his intention to initiate a procedure for anti-dumping investigation on the facts of EU imports of cold-rolled stainless steel from China at dumping prices. According to the European Federation of steel producers, the influx of cheap Chinese products undermines the European steel production, which already today is in a state of a large-scale recession.
24 November 2010
The Europeans have accused Chinese manufacturers of dumping of stainless steel
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