MINISTERS REIMPOSE ANTI-DUMPING DUTIES ON CHINESE AND SOUTH KOREAN SILICON – AT LOWER RATE
June 27th, 2010
BY KEITH NUTHALL
HE EUROPEAN Union (EU) Council of Ministers has reimposed for five years - albeit at a lower level of 19% - anti-dumping duties on silicon exported to the EU from China and South Korea. Ministers acted because of concerns removing the tariffs would allow unfair undercutting of EU producers. They backed formal proposals from the European Commission, which had concluded after reviewing the existing 49% duties, (whose authorisation was about to expire) that without these duties, Chinese silicon exports would undercut EU-produced silicon by 12%. ...
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