MNI BRIEF: China Prolongs Duties On EU Imported Steel

China will continue to impose anti-dumping duties on imports on certain steel products originating from the European Union, the United Kingdom, South Korea and Indonesia for a period of 5 years starting from July 1, 2025, the country's Ministry of Commerce announced on Monday.

The Ministry stated that the scope of products remains consistent with the measures first implemented in 2019.

The outcome of the upcoming China-EU Leaders’ Summit scheduled is likely to depend on Brussels' negotiations with Washington by the July 9 deadline to avoid steep U.S. tariffs, advisors in Beijing told MNI, noting that the EU's recent hawkish rhetoric appears designed to placate concerns in Washington.(Source: MNI: China Advisors - EU Talks Hinge On Europe)