EC Plans On Antidumping Duties On Chinese Solar Glass
The European Commission has released a report that states they will impose provisional antidumping duties on Chinese companies importing glass for solar manufacturing. The decision means the Commission has decided that solar glass has been entering EU markets at prices below their cost of manufacturing which is against international trade agreements.
The Commission has set the levels of duties ranging from 17.1% to 42.1% on companies in China such as Henan Yuhua who are at the lower end of the range while Hehe have been hit with 32.3%, Xinyi Group with 39.3% and Flat Glass Group received the top level of 42.1%. Companies that complied with the process received 38.4% while any company that did not participate in the Commission hearing were hit with the top rate of 42.1%.
The duties come into effect immediately and so far there has not been a response from the China counterparts to the EC.
The investigation began earlier this year after complaints from the European glass association EU Pro SunGlass. The decision puts the issues of trade imbalance and international law within the soalr industry back in the spotlight following last year's investigation into solar modules and cells following complaints led by German manufacturer SolarWorld.
Whilst any fallout cannot be gauged until China responds the inclusion of many of the Chinese companies in the process will hopefully not lead to another round of unsurety and indecision for the overall industry.
