EU starts anti-dumping investigation on Chinese-made fiberglass

The European Commission (EC) will launch an anti-dumping investigation on Chinese fiberglass manufacturers, according to a Wall Street Journal report citing an EC diplomat Wednesday.

The European Glass Fiber Producers Association filed a petition to the EC demanding an investigation in November this year.

If the EC accepts the request, Chinese manufacturers may face an anti-dumping tariff as high as 40 percent to 75 percent, according to the report.

After an investigation that is expected to last no more than 15 months, the EC will decide whether to impose a long term tariff on Chinese products. But before the final decision is made, the commission may impose a temporary tariff, according to the report.

The dispute mainly revolves around fiberglass, a material used as a reinforcing agent for many polymer products.

Axel Jorns, from the EC said that this kind of product has an advantage in the regenerative energy market since it is light weight and can be used to replace metals.

Source: Global Times