July 22 (Reuters) - China will extend anti-dumping duties on
grain oriented flat-rolled electrical steel imported from Japan,
South Korea, and the European Union, the country's ministry of
commerce said on Friday.
The duties will be extended for five years beginning from
July 23, it said in a statement.
The anti-dumping duty rates are set at 39% to 45.7% for
Japanese firms including JFE Steel Corp and Nippon
Steel Corp, 37.3% for Korean companies and 46.3% for EU
China, the world's top steel producer launched an
anti-dumping investigation in June last year into grain oriented
flat-rolled electrical steel from Japan, South Korea and the EU
following the expiry of tariffs in place for the past five
The tariffs were reinstated during the year-long
The move followed a petition by steelmakers China Baoshan
Iron and Steel and a unit of Beijing Shougang which
argued that ending the tariffs could lead to further dumping,
hurting the domestic steel sector.
Oriented electrical steel or oriented silicon steel is used
in transformers and is more expensive than carbon steel.
(Reporting by Emily Chow in Kuala Lumpur; Editing by Richard