EU ironing board continued up 42.3% levy anti-dumping duties
According to Xinhua reports, the European Commission recently announced that the board against products from China imposed a period of five years, the highest rate of 42.3 percent anti-dumping duties.
Notice that, after review of the investigation, decided to continue the board of China's exports to the EU anti-dumping measures, China 6 enterprises to obtain separate rates ranging from 18.1 to 39.6%, other 42.3% corporate tax rate. The sanctions take effect from July 24.
European Union from 2007 to 2012 has been on the production board from China to impose anti-dumping duties, during which Chinese products in the EU market share dropped significantly from 2008 the market share of 40-45% down to 15% in 2011 to 20%. Within the EU from the UK, Italy, Poland, three board manufacturer's market share increase, three companies share the EU market share has reached 40%. The pre-tax anti-dumping review is requested by these three companies initiated. But the European Commission said that China still ironing enterprises occupy a position in the EU, and the product is priced about 20% below the EU competitors.
The European Commission said in a statement, in view of the adverse macroeconomic situation, although Chinese competitors taxed, but the development of enterprises in the industry is still difficult to get out weak situation.
