Japan fumes at EU dumping ruling on HRC imports

Japan's steel industry lobby has reacted angrily to last Friday's announcement from Brussels that the European Commission has imposed anti-dumping duties on imports of certain hot-rolled flat products originating in Egypt, Japan and Vietnam, blasting the decision as "unjust". The penalties on Japanese HRC are the highest at up to 30%, Mysteel Global notes.

"During the anti-dumping investigation, the Japanese steel industry claimed that exports (of the targeted hot-rolled flats) from Japan have caused no injury to the domestic steel industry in the EU," Japan Iron & Steel Federation chairman Tadashi Imai said in a response on Monday. "We believe that it is