Steel product faces EU dumping duties

The European Union will impose anti-dumping duties from Thursday on imports of a grade of electrical steel from China, Japan, Russia, South Korea and the United States.

It is the second set of measures this year to protect European steel producers such as Stalprodukt SA, Tata Steel Ltd and ThyssenKrupp AG.

The European Commission, the executive body of the EU, has set tariffs on imports of grain-oriented flat-rolled electrical steel following a complaint lodged in June 2014 by Eurofer, the European steel producers association.