EU Slaps Anti-dumping Duty on China Foil - Report

SHANGHAI, Sept. 25 -- The European Union has decided to impose five-year anti-dumping tariffs on aluminium foil from three countries including China, and on Chinese seamless steel pipes, state media reported on Friday.

    The five-year duties on Chinese aluminium firms are up to 30 percent, and follow provisional levies introduced six months ago. Brazilian and Armenian firms have also been affected, with duties as high as 17.6 percent.

    They will take effect after being published in the Official Journal by Oct. 8, the official China Securities Journal and Xinhua news agency said, citing an EU decision.

    The EU had launched an investigation into sales of aluminium foil from the three nations in July 2008, after the European Association of Metals made a dumping complaint, the reports said.

    The duty on Chinese seamless steel pipes was set at 39.2 percent, the reports added.

    China in July launched its first trade dispute against the EU at the World Trade Organisation, complaining that anti-dumping duties imposed on imported Chinese screws and bolts are discriminatory and protectionist.

    Beijing has named the bloc as one of the most frequent users of anti-dumping measures against China.

    (Source: Reuters)