EU widens tariff threat on steel from China, Taiwan, Indonesia

Cranes are seen above piles of steel pipes to be exported at a port in Lianyungang, Jiangsu province, China. The European Union on Sunday (Jan 26) ordered its customs officials to register flat-rolled stainless steel imports from China, Taiwan and Indonesia, widening the threat of tariffs on the shipments. - China Daily/Asian News Network

HONG KONG: The European Union on Sunday (Jan 26) ordered its customs officials to register flat-rolled stainless steel imports from China, Taiwan and Indonesia, widening the threat of tariffs on the shipments.

The step is part of an inquiry into whether Chinese, Taiwanese and Indonesian producers of hot-rolled, stainless-steel sheets and coils sold them in the EU below cost, a practice known as dumping.