05
Jun
11:17
China to halt Posco electrical steel anti-dumping duties
China plans to stop imposing anti-dumping duties on Posco's grain-oriented electrical steel (GOES), after Posco promised to implement price provisions in China, according to the Ministry of Commerce of China. The new system applies from 9 June 2018 to 23 July 2021, Kallanish notes.
Posco's price provisions are expected to limit the minimum sales price for GOES, in order to reduce Posco's competiveness with Baosteel. Baosteel became the world's bi…
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Anonymous
Very good overview of the weekly steel market.
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