Chinese commerce ministry in a statement has regretted European steelmaker calls this week for the European Union to take anti dumping action against steel imports from China.

Its statement said "We express regrets over the appeals by the European Confederation of Iron and Steel Industries and will pay close attention to development of these two cases. It hopes the European Commission would handle the case with due caution and "refrain from anti dumping action."

The EU steel industry association, EUROFER filed two dumping complaints with the European Commission targeting cold rolled, stainless flat steel and galvanized steel products from China. South Korea and Taiwan were included for the proposed action for cold rolled stainless flat steel. European steelmakers accuse the three Asian makers of flooding their markets with product sold at below manufacturing cost, which is called dumping.

EUROFER also said that a third complaint would be lodged next week against Chinese wire rods and a fourth targeting a steel plate is also likely.