China says it will impose anti-dumping tariffs on stainless steel products from South Korea, Japan, Indonesia and the European Union. China's Ministry of Commerce announced the results of a probe it conducted last July on such products produced in those countries. The ministry said the countries' actions were damaging the stainless steel industry in China. Anti-dumping tariffs will range between 18-point-one percent and 103-point-one percent starting Tuesday. South Korean steelmaker, POSCO, will face a tariff rate of 23-point-one percent.
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