Platts
Date: 13Jul2015

Taiwan’s biggest steelmaker China Steel Corp. said Monday it was gathering evidence of steel dumping by several Asian countries as it urged them to exercise self-restraint or face trade action.

“We’re collecting related information before we stand a chance [of proving the claims],” a company spokesman in Kaoshiung told Platts.

CSC alleged China, Japan, South Korea, Indonesia and India were exporting plate, hot rolled coil and bars at $96-108/mt, $88-147/mt and $50-160/mt respectively below their domestic prices for the same products, which was having a “serious impact” on Taiwan’s steel industry.

Taiwan’s biggest steelmaker China Steel Corp. said Monday it was gathering evidence of steel dumping by several Asian countries as it urged them to exercise self-restraint or face trade action.

“We’re collecting related information before we stand a chance [of proving the claims],” a company spokesman in Kaoshiung told Platts.

CSC alleged China, Japan, South Korea, Indonesia and India were exporting plate, hot rolled coil and bars at $96-108/mt, $88-147/mt and $50-160/mt respectively below their domestic prices for the same products, which was having a “serious impact” on Taiwan’s steel industry.     [FULL  STORY]