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China decries new U.S. steel duties

(Xinhua)    19:30, May 26, 2016

BEIJING, May 26 -- China's Ministry of Commerce (MOC) has slammed a new U.S. final ruling against Chinese steel.

The U.S. Commerce Department announced anti-dumping duties of 209.97 percent and anti-subsidy duties of 39.05 percent on corrosion-resistant steel from China on Wednesday.

"The United States has deliberately suppressed Chinese bulk steel commodities, including cold-rolled flat steel and corrosion-resistant steel," and "this not only harms Chinese steel firms, but also impedes trade and cooperation between enterprises from the two countries," the MOC said in a statement on Thursday.

"China will take all necessary measures to gain fair treatment and safeguard the interests of enterprises," it said.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Ma Xiaochun,Bianji)

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