EUROFER claimed recently that they will raise anti dumping complaints to Chinese stainless steel cold rolled plates.

European steel industries had to raise prices responding to profits loss by production cut since 2009, even in current critical stage of economic recovery.

Starting from 2010, the output of Chinese stainless steel increased substantially, with most of them exporting to European market, widely used in fields like household equipment, oil and natural gas.

EUROFER believed that Chinese products have shocked European steel industries. Moreover, they also thought Chinese hot rolled steel coil has low price competition problem.

(Sourced from www.mysteel.net)