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Wednesday, May 07, 2008

EU Probes Chinese, Turkish Wire Rod, Widening Steel-Duty Threat

"EU Probes Chinese, Turkish Wire Rod, Widening Steel-Duty Threat

By Jonathan Stearns

May 8 (Bloomberg) -- The European Union threatened to tax wire rod from China, Turkey and Moldova to help EU producers such as Corus Group compete against cheaper imports, opening the fourth probe that targets Chinese steel in five months."

More:Bloomberg.com: Europe