China Loses WTO Appeal in U.S. Speciality Steel Case

Markets Reuters

China comprehensively lost an appeal on Thursday against a World Trade Organization ruling in
a dispute over U.S. exports of speciality steel used in power transformers.

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The dispute involved duties imposed by China on "grain-oriented electrical steel'', a product made by AK Steel Corp and ATI Allegheny Ludlum, which are based in the electoral battleground states of Ohio and Pennsylvania.