From Reuters:
Steel makers in Russia, the world's fourth-largest producer, have suffered from a decline in orders from the construction and automotive sectors as the global economic slowdown cuts demand.
In response they have boosted exports, though this has led to a growing threat of tariffs and other anti-dumping measures against Russian steel by Chinese and other buyers.
Thus far, China's sole move has been a June investigation into Russian and U.S. electrical steel, though a recent Citibank report cited industry newsletters reporting Beijing had also order a probe of Russian flat steel imports.
"The Chinese investigation into transformer steel is mainly against American companies, but Russian companies also suffer," Industries Minister Viktor Khristenko told the meeting.
I'm not sure this really needs to be said, but I thought it was worth mentioning that joining the WTO would be very helpful in limiting the harms from these anti-dumping actions.
