China revokes AD probes on Russian GOES

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Publish time: 23rd June, 2012      Source: ChinaCCM
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It is reported that China announced to stop antidumping (AD)duty on grain-oriented flat-rolled electrical steel (GOES) imported from Russia starting from Thursday.

The final confirmation was submitted by two Chinese steelmakers included Wuhan Iron & Steel Group Corp and Baosteel Group Corp Ltd.

Therefore, China has removed the AD duty of grain-oriented flat-rolled electrical steel (GOES) from two Russia companies including OJSC Novolipetsk Steel and VIZ-Stal Ltd after announcement.

It's known that China had imposed AD duties of 6.3% to 25% on Russian GOES since April 11, 2010 and the products were applied for the manufacturing of transformers purpose