January,27th,the European Union(EU) decided to impose definitive anti-dumping duties on imports of the steel products from China and Taiwan to protect struggling steel manufacturers in Europe.
It comes as protectionist USA President Donald Trump promises to crack down on China’s dominance of international trade,prompting a defense of globalisation by Chinese President Xi at the World Economic Forum in Davos last week. The EU’s executive arm announced it in a statement:”The European Commission’s investigation confirmed that Chinese and Taiwanese stainless steel tube and butt-welding pipe fittings had been sold in Europe at dumped prices.”
These stainless steel tubes and pipe fittings are widely used to joint the piping system for industries like the petrochemical,food processing or shipbuilding,and imported huge quantity from China to EU every year.
As a leading steel pipe fittings manufacturer in China,Hebei Haihao Group has communicated with the clients from EU to face this new situation.