BRUSSELS : The European Commission said on Friday it had prolonged anti-dumping tariffs on stainless steel fittings from China and Taiwan for five years and extended them to Malaysia.The Commission's review of the measures concluded that removal of the tariffs would have led to continued dumping in an Eur
BRUSSELS : The European Commission said on Friday it had prolonged anti-dumping tariffs on stainless steel fittings from China and Taiwan for five years and extended them to Malaysia.
The Commission's review of the measures concluded that removal of the tariffs would have led to continued dumping in an European Union market worth some 100 million euros per year. The measures, in place since 2017 on stainless steel tubes and pipe fittings, were extended to Malaysia because the investigation found that Chinese producers were using assembly operations there to evade applicable tariffs.
The duties range from 5.1 per cent to 12.1 per cent for Taiwan and from 30.7 per cent to 64.9 per cent for China. The rate for imports from Malaysia is 64.9 per cent. Two producers that the Commission said were genuinely Malaysian - Pantech Stainless and Alloy Industries and SPI United - will be exempt from the measures.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China to set up no-fly zone near Taiwan for 'space activities': TaipeiTAIPEI: China will set up a brief no-fly zone north of Taiwan on Sunday (Apr 16) due to what the island's transport ministry described as 'space activities'. The closure comes after Beijing completed
Read more »
After military drills around Taiwan, Xi Jinping says China must strengthen training for 'actual combat'China on Monday concluded three days of drills launched in response to the Taiwan president's US visit. Read more at straitstimes.com.
Read more »
Taiwan says it convinced China to rein in no-fly zone planTAIPEI/BEIJING: Taiwan said on Wednesday (Apr 12) it had successfully urged China to drastically narrow its plan to close air space north of the island, averting wider travel disruption in a period of high te
Read more »
Taiwan says China's no-fly zone will affect around 33 flightsTaiwan said the ban could add “less than one hour” of extra travel time to the affected flights. Read more at straitstimes.com.
Read more »
China to ban ships from area near Taiwan due to 'falling rocket wreckage'BEIJING: China will ban ships from entering an area north of Taiwan on Sunday (Apr 16) due to 'possible falling rocket wreckage', a provincial maritime authority said, days after Beijing conducted large-scale military drills around the island. The area around 160km from the Taiwanese capital, Taipei, will
Read more »
Taiwan says China's no-fly zone will affect around 33 flightsTAIPEI - China's plan to set up a no-fly zone to the north of Taiwan on April 16 will affect about 33 flights, Taiwan's official Central News Agency (CNA) reported, citing the island's transport minister, Wang Kwo-tsai. The impact on flights was greatly reduced after Taiwan said it had successfully urged China to drastically narrow its plan to close air...
Read more »