The UN Proposes to Cut Silicon Metal Importing Tariff from China-Shanghai Metals Market

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The UN Proposes to Cut Silicon Metal Importing Tariff from China

SMM Insight 01:21:44PM May 11, 2010 Source:SMM

SHANGHAI, May 11 (SMM) -- In view that a cancel of tariff would not favor European products, the European diplomatic envoy is to levy 5-year anti-dumping duties on silicon metal from China and South Korea.

However, the diplomatic envoy was informed to replace the existing 49% tariff that is to be due with the 19% tariff. However, the European Commission said in a letter earlier that the tariff would likely be finalized at 21%.

China's exports to the EU increased by 113% from 2005 to 2008, despite of the anti-dumping duties on China's products and despite that consumption in the EU only increased by 21%.

China's exports of silicon metal to Japan may have been saturated.

To contact the writer on this report: naturewang@smm.cn

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn
 

The UN Proposes to Cut Silicon Metal Importing Tariff from China

SMM Insight 01:21:44PM May 11, 2010 Source:SMM

SHANGHAI, May 11 (SMM) -- In view that a cancel of tariff would not favor European products, the European diplomatic envoy is to levy 5-year anti-dumping duties on silicon metal from China and South Korea.

However, the diplomatic envoy was informed to replace the existing 49% tariff that is to be due with the 19% tariff. However, the European Commission said in a letter earlier that the tariff would likely be finalized at 21%.

China's exports to the EU increased by 113% from 2005 to 2008, despite of the anti-dumping duties on China's products and despite that consumption in the EU only increased by 21%.

China's exports of silicon metal to Japan may have been saturated.

To contact the writer on this report: naturewang@smm.cn

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn