European steel group may file antidumping complaint

The European steel industry association EUROFER is currently acquiring information to prove that China is exporting steel at prices below production costs to Europe, and may file an antidumping complaint against China with the European Commission by the end October, Reuters reported. If the commission is convinced of EUROFER's antidumping claims, it would then notify the World Trade Organization, which could impose measures such as protective import tariffs. China is expected to export 10 million tons of steel into the EU this year, twice the amount sent last year.