The EU is expected to lead an “anti-dumping“ investigation based on a complaint made by the European Glass Fiber Producers Association (APFE) against a number of continuous filament fiberglass produ…
The EU is expected to lead an “anti-dumping“ investigation based on a complaint made by the European Glass Fiber Producers Association (APFE) against a number of continuous filament fiberglass products from China. EuCIA and EuPC say that this case could have several effects on the Composite Industry and will, together, meet representatives of the European Commission to get a clearer idea about the investigation. As per existing official information and further clarifications from the European Commission, EuCIA considers that import duties on glass fiber from China will most probably lead to price increases in the market relatively soon. EuCIA also says that it is committed to investigating whether dumping does takes place, and, according to results, will either support or act against these proceedings. The results of the EU investigation could potentially create higher import duties which will affect the entire chain. Similar experiences within the polymer and other industries have demonstrated that import duties can even be as high as 20%, therefore increasing the cost of raw material in Europe. It is thought that the present low price of fiberglass from China has boosted the use of fiberglass in Europe. EuCIA believes that the possible increase in price could be one of the deciding factors to stimulate companies to move production outside of Europe.