United Kingdom, London: The Chinese government has announced it will impose the tariff on grain-oriented electrical steel imports from the European Union, South Korea and Japan, saying imports from abroad were causing substantial damage to its domestic steel industry.
Japan, Tokyo: A purchasing team of a Chinese leading transformer manufacturer is expected to visit a Japanese steel making company Nippon Steel & Sumitomo Metal and JFE Steel, according to Steel Guru.
Due to a lack of high-grade grain oriented (GO) sheets in China, the purpose of the visit is to negotiate the purchase of GO electrical steel sheets directly from Japanese steel mills, reports Steel Guru.