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EU says wants WTO ruling versus Chinese steel duties

Source:Reuters Release Date:2013-06-13 212
Metalworking
The move will allow the EU to join a related complaint filed by Japan against Chinese duties in December and is the latest sign of escalating trade tensions between the two, who are at odds in sectors ranging from solar panels to wine

PARIS (Reuters) – The European Commission will lodge a complaint with the World Trade Organization against Chinese duties on steel tubes used in power plants, the bloc's industry commissioner Antonio Tajani said on Wednesday.

Tajani's comments come after EU sources told Reuters on Tuesday the bloc's executive body would seek to overturn duties on exports to China of seamless stainless steel tubes made by firms such as Spain's Tubacex S.A (TUBA.MC: Quote, Profile, Research, Stock Buzz) and Germany's Salzgitter A.G (SZGG.DE: Quote, Profile, Research, Stock Buzz).

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