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Global Trade Alert

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China: State aid to Lingyuan Iron & Steel Co

Description

On 25 December 2015, the Chinese state-owned steel manufacturer Lingyuan Iron & Steel Co. Ltd. announced that it has received state aid from the city government. The subsidy amounted to 790 milli...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Dec 2015

Revocation date

24 Jan 2016

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

state-controlled

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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