BlueScope loses anti-dumping case
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BlueScope Steel (BSL) has lost anti-dumping cases it pursued against large Chinese and Korean steel makers in an effort to reduce cheap imports, according to The Australian Financial Review.
The federal government's Anti-Dumping Commission conducted an eight-month investigation into imports of hot rolled steel plate, clearing foreign firms such as Posco, Hyundai, Shandong Iron and Steel and Jinan Co.
BlueScope claimed the foreign competitors are using unfair practices, and said it is “disappointed with the investigation's results.
“Whilst [BlueScope is] disappointed that the investigation has been terminated against some producers, the Anti-Dumping Commission has found dumping and material injury was caused by a range of other steel plate exporters,” a BlueScope spokesman told the AFR.