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China to impose anti-dumping measures on fiber, steel imports

Xinhua, April 2, 2016 Adjust font size:

China's Ministry of Commerce (MOC) said Friday that it will impose provisional anti-dumping cash deposits on imported acrylic fiber and grain oriented flat-rolled electrical steel (GOES).

The MOC said acrylic fiber producers in Japan, the Republic of Korea and Turkey have been dumping their products onto the Chinese market.

Effective from April 2, importers of acrylic fiber made in these countries will be required to pay cash deposits to customs based on dumping degrees ranging from 6.1 percent to 17.8 percent.

The MOC also accused of GOES companies in Japan, the Republic of Korea and the European Union of dumping their products in China.

Importers of GOES produced in these countries will have to pay cash deposits based on dumping degrees ranging from 14.5 percent to 46.3 percent.

Their dumping of the fiber and steel has caused "substantial damage" to Chinese industry, said the MOC. Endi