With global steel oversupply, unfair import practices are intensifying. Japan’s steel industry warns that without urgent trade defense measures, local producers could face severe competitive pressure. A group of five major steel industry associations, Japan Iron and Steel Federation (JISF), Special Steel Association of Japan, Japan Stainless Steel Association, Japan Wire Products Association and Non-integrated Steel Producers’ Association, is calling on the government to establish an anti-circumvention system, a tool already adopted by 18 of the G20 nations, to safeguard fair trade and strengthen the impact of antidumping duties.
For more information, please visit: https://www.ferroalloynet.com/news/japanese_steel_industry_calls_for_anticircumvention_system_on_imports.html
