Steel war

The business of war rules igry10-12-2009 steel war, China intends to introduce protective duties against manufacturers of electrical steel from Russia and the United States. According to the Chinese, these supplies causing "significant harm" to manufacturers that "due to dumping and subsidies." These are the preliminary results of antidumping investigation mintorgovli China against America and Russia. In June, the Ministry of Commerce of China announced the start of anti-dumping investigation in respect of supplies of Russian and American electrical transformer steel. It began after the Russian and American competitors complained the Chinese steel company Baosteel Group Corp. and Wuhan Iron & Steel Group. And although the findings of the study are the original, has since December 11, China intends to charge the exporters bail. The size of payments will depend on the difference between domestic and export prices of each individual vendor. The official representative of the Ministry of Commerce of the country has already warned Moscow and Washington that the decision conforms to the laws of China, WTO rules and issued "based on fairness and reasonableness of the law and the principle of transparency," writes Izvestia.