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Economy

China dumps duties on Japanese steel after WTO ruling

TOKYO -- China jettisoned anti-dumping duties on certain Japanese steel products Monday in line with a World Trade Organization ruling against Beijing last fall.

The duties of around 10% were introduced in November 2012 for high-performance stainless steel tube for boilers at fossil-fuel-burning power plants. Beijing claimed that Japanese manufacturers sold them in China more cheaply than at home, undermining the Chinese steel industry.

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