China Sets Duties Up To 26% On EU Fasteners

Law360, New York (June 28, 2010, 12:40 PM EDT) -- China's Ministry of Commerce has finalized anti-dumping duties on iron and steel fasteners from the European Union, concluding that fasteners from Europe have substantially damaged China's domestic industry.

The ministry said in a statement Monday that it had imposed duties ranging from 6.1 percent to 26 percent that will be in place for five years.

In May, the EU sought World Trade Organization consultations over China's 2009 decision to impose provisional duties on fasteners from Europe in the same investigation.

The EU sent its request to...
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