The EU Commission recently issued a preliminary ruling on levy anti-dumping duty on fiberglass mesh imports from China at 48.4-62.9%, with final ruling expected to be released in the next six months. …
The EU Commission recently issued a preliminary ruling on levy anti-dumping duty on fiberglass mesh imports from China at 48.4-62.9%, with final ruling expected to be released in the next six months. One of 14 Chinese companies to be hit with the punitive measures, Jiangsu Jiuding New Material, may face a 57.7% anti-dumping duty on the fiberglass mesh it exports to the EU. Jiuding sold CNY 7.16 million worth of fiberglass mesh to the EU in 2010, accounting for 1.33% of the company“s total revenue. It also sold CNY 35.42 million of fiberglass tape to the region last year, accounting for 6.58% of total revenue.