Anti-dumping duties: economics or politics?

Anti-dumping duties: economics or politics? Steel prices have jumped 22% since anti-dumping duties were imposed on the industry in June, raising questions about the measure’s efficacy, a story by Al Monitor says. At face value, the measure appears to be protecting steel producers against foreign currency suppliers, as they struggle with rising costs of production inputs. However, some view the measure as a protectionist policy serving a largely monopolistic sector and giving manufacturers the ability to raise prices as they please, the article says. This has affected sectors such as real estate, where prices also continue to rise.