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The U.S. investigation on China's steel products PDF Print E-mail
Monday, 29 June 2009
The United States Department of Commerce launched three dual investigations, namely anti-dumping and anti-subsidy investigations, in ten days into China-made wire trays, steel grating, and stranded steel wire on June 26, June 19 and June 17.   All are aimed directly at China's steel products.  China's Ministry of Commerce said in a statement Monday that the Chinese government is shocked and "gravely concerned" about the frequency and direction with which U.S. probe into Chinese steel products.    


The statement said such practice signals trade protectionism to the U.S. domestic market and the international society, and could seriously affect the interest of downstream part of the U.S. steel industry, while damaging the normal steel trade between the two countries.  China will closely watch the ongoing investigations and preserve the rights of appealing the cases to the World Trade organization (WTO).


The statement also urges the U.S. follow the G-20 summit consensus and act prudently in anti-dumping and anti-subsidy investigations. 

 

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