Raw Deal: WTO's Take On China's Raw Material Exports
July 25, 2011, 1:46 PM EDT
Law360, New York (July 25, 2011, 1:46 PM EDT) -- On July 5, 2011, a World Trade Organization dispute settlement panel ruled against China’s export restrictions on various raw materials. The panel was created after a 2009 complaint filed by the European Union, the United States and Mexico against Chinese export duties and restrictions on certain forms of yellow phosphorus, bauxite, coke, fluorspar, magnesium, manganese, silicon metal, silicon carbide and zinc (hereinafter “raw materials”).
These raw materials are commonly used in the chemical, steel and aluminum industries, and are used in a variety of everyday items...