An official of China's Ministry of Commerce (MOC) said that the ministry will consider taking possible actions in response to a ruling by the World Trade Organization (WTO) panel about a steel pipe trade dispute.

An official said that "China will seriously evaluate the WTO panel report and consider taking possible actions."

In December of 2013, the MOC decided to impose provisional anti-dumping measures on imported high-performance stainless steel seamless tubes from the European Union (EU), Japan and the United States for "substantial damage" to Chinese industry.

The remarks of the official, who is in charge of the treaty and law department of the MOC, came one day after the WTO panel made public its rulings over the trade dispute.

The official added that the panel supports China's standpoints on issues such as the concrete analysis about price reduction and price impact.

Official however, further added that China has reservations on the panel's rulings about issues such as the dumping margin and fair comparison.

 

Source:http://coal.steelguru.com

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