China, the world's largest steel consumer escalated its trade feud with the U.S., saying it will...

|By:, SA News Editor

China, the world's largest steel consumer escalated its trade feud with the U.S., saying it will impose provisional duties on some U.S. and Russian imports after investigations showed the pair dumped U.S. subsidized steel on the Chinese market. Starting tomorrow, flat-rolled electrical steel products from steelmakers including AK Steel (AKS) will be hit with duties of up to 25%.