EUROFER welcomes AD against Chinese wire rod

03/02/2009 12:00 - 707 Views

EUROFER welcomes the European Commission's proposal to impose provisional anti-dumping measures of 25% on imports of wire rod from China.

Mr Gordon Moffat director general of EUROFER said that "The proposed level of measures correctly addresses the injury suffered from dumped EU import surges of Chinese wire rod. We very much welcome the proposed measures against China, they are timely, coming at a very critical period on the market."

He added that "However, we do not understand the Commission’s decision to exclude Turkey from the proposed imposition of measures: significant dumping margins have been found by the investigation. The final stage of the investigation will allow clarifying this outstanding issue."

Jan 18, 2009

Source: steelguru.com