Global trade remedies target Chinese steel products

Chinese steel products have faced intensified trade scrutiny, as multiple economies stepped up defensive measures against Chinese steel exports, according to Ministry of Commerce monitoring.

In May alone, trade remedy actions targeted a wide range of Chinese steel products, including steel grating, alloy steel wire rod, H-beam, rebar, hot-rolled coil, seamless steel pipes, and other key steel items. For instance, on May 4 Australia imposed anti-dumping duties of 38.1-79% and countervailing duties of 3.4% on hot-rolled