EU Imposes 3 Antidumping Measures Covering Over $1 Billion in Goods
The European Union imposed definitive antidumping duties on three different products the week of Nov. 15, covering over $1 billion in "unfairly priced imports," the European Commission said. The measures were imposed on optical fiber cables from China, stainless steel…
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cold-rolled flat products from India and Indonesia, and mono ethylene glycol from the U.S. and Saudi Arabia. The duties on the fiber optic cables will apply to "imports of single mode optical fibre cables, made up of one or more individually sheathed fibres, with protective casing, whether or not containing electric conductors," and are 19.7% to 44%, the commission said in a Nov. 18 regulation. The duties on the flat-rolled products of stainless steel are 13.9% to 35.3% for exporters from India and 10.2% to 20.2% for exporters from Indonesia. "This sector is critically important to the EU because it is a high value added product, with EU consumption totalling almost €7 billion [nearly $8 billion]," the commission said. "The application of this product is very diversified, including the process equipment for handling the wide range of chemicals used by processing industries and in the energy sector, such as offshore plants and nuclear equipment." The AD measures of 3% to 60.1% on mono ethylene were imposed Nov. 15 (see 2111150018).