Posted on 14 May 2015
The executive body of the European Union on Thursday set provisional dumping margins at 35.9 percent for Nippon Steel and 34.2 percent for JFE Steel Corp., a unit of JFE Holdings Inc.
Steel makers in China, South Korea, Russia and the United States are also subject to the anti-dumping duties.
In June last year, the European Steel Association called on the commission to launch an anti-dumping probe into the products, claiming they were sold at less than fair market value and caused material injury to the European steel industry.
Grain-oriented electrical steel is used in products such as large power and distribution transformers. Only a limited number of companies in the world can produce the high value-added products.
