European Compensation launches disposing probe right into silicon from Bosnia & Herzegovina, Brazil
chelating agent said Tuesday it had introduced an antidumping examination into imports of silicon originating in Bosnia & Herzegovina and Brazil into the European Union.
The action complies with a grievance lodged on November 8 by Ferroatlantica and also Ferropem, standing for more than 85% of the complete EU manufacturing of silicon.
The product based on the investigation is material with a silicon material of much less than 99.99% by real weight, which is mainly made use of in the metallurgical industry as an alloying agent and in the aluminum sector to produce key and also additional aluminum.
"The complainants have provided evidence that imports of the item under investigation from the nations concerned have actually boosted in general in outright terms and in terms of market share," the EC claimed in a notification in the EU Authorities journal.
"The proof provided by the complainants reveals that the volume and the prices of the imported item under investigation have actually had, to name a few consequences, a negative impact on the degree of costs billed by the Union sector, causing significant damaging results on the general performance and also on the monetary scenario of the Union sector because 2014," it added.
First computations reveal that the unloading margins "for both Bosnia & Herzegovina as well as Brazil are "considerable," the EC claimed.
The examination of unloading and injury will certainly cover the period from October 1, 2016 via September 30, 2017, while the assessment of patterns appropriate for the evaluation of injury will certainly cover the period from January 1, 2014 throughout of the examination duration.
The investigation will be wrapped up within 15 months of Tuesday's magazine of the notification in the Authorities Journal, while provisionary procedures might be enforced no later than 9 months from the magazine day, the EC claimed.
Antidumping duties ranging from 16.3%-16.8% are currently in position on imports of silicon into the EU from China.
The action complies with a grievance lodged on November 8 by Ferroatlantica and also Ferropem, standing for more than 85% of the complete EU manufacturing of silicon.
The product based on the investigation is material with a silicon material of much less than 99.99% by real weight, which is mainly made use of in the metallurgical industry as an alloying agent and in the aluminum sector to produce key and also additional aluminum.
"The complainants have provided evidence that imports of the item under investigation from the nations concerned have actually boosted in general in outright terms and in terms of market share," the EC claimed in a notification in the EU Authorities journal.
"The proof provided by the complainants reveals that the volume and the prices of the imported item under investigation have actually had, to name a few consequences, a negative impact on the degree of costs billed by the Union sector, causing significant damaging results on the general performance and also on the monetary scenario of the Union sector because 2014," it added.
First computations reveal that the unloading margins "for both Bosnia & Herzegovina as well as Brazil are "considerable," the EC claimed.
The examination of unloading and injury will certainly cover the period from October 1, 2016 via September 30, 2017, while the assessment of patterns appropriate for the evaluation of injury will certainly cover the period from January 1, 2014 throughout of the examination duration.
The investigation will be wrapped up within 15 months of Tuesday's magazine of the notification in the Authorities Journal, while provisionary procedures might be enforced no later than 9 months from the magazine day, the EC claimed.
Antidumping duties ranging from 16.3%-16.8% are currently in position on imports of silicon into the EU from China.
