China's seat

Chinese Ministry of Commerce conducted an investigation in relation to Russia and the United States for dumping. According to officials from China and the U.S. domestic supply of electrical transformer steel cause significant harm to local producers, which is a consequence of dumping. More specifically, the margin of dumping of Russian exports ranging from 4.6 to 25%, U.S. same from 10.7 to 25%. In this regard, the Chinese have decided to collect from our suppliers and vendors from the U.S. special deposit, which will depend on the price difference of each particular supplier in the domestic and external markets, as China's Trade Ministry has already notified Moscow and Washington. The Ministry clarified that the rule corresponds to the laws of the Middle Kingdom and WTO rules. We recall that not long before this event, Russia has set protective duties for Chinese suppliers of pipes and cutlery - perhaps of the PRC is a response.