The European Union has signaled a tougher approach to the bloc’s growing steel industry crisis announcing the imposition of a new range of tariffs on Chinese imports on Friday, according to a notice in the Official Journal.
The move, which comes amid an ongoing EU investigation into possible anti-dumping measures, will cover steel bar used in construction. The provisional tariffs will range from 9.2 per cent to 13 per cent, writes John Murray Brown.
Eurofer, the European steel industry association, welcomed the EU move in a statement on Friday.
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