AllBright Clients Win Lowest Duty Rates from EU Anti-Dumping Probe
2014-12-247034On December 23, 2014, the European Union announced the interim review ruling of an anti-dumping investigation against glass fiber products (certain continuous filaments) originating from the People’s Republic of China. It announced the countervailing and anti-dumping duty rates imposed on Chinese products will range from 4.9% to 29.6%. AllBright’s two clients won the lowest and second lowest rates.
AllBright represented the two companies and the overall Chinese industry to file a non-injury defense. In the investigation, the AllBright team worked closely with the affected companies to prevent the European Union from revoking their market economy treatment (MET) status.
The initial investigation did not impose different duty rates on Chinese exporters. In the review ruling, the European Union stopped its faulty practices and granted companies which are partly state-owned differentiated rates, which came after China filed a claim against the European Union at the WTO for its Anti-Dumping Measures on Certain Iron or Steel Fasteners from China (DS397). This new policy enabled AllBright’s clients to win the lowest and second lowest duty rates – the lowest rate is more than 20 percentage points lower than average duty rate. The AllBright team also objected to the European Union’s attempt to raise the targeted profit margin to avoid raising the injury elimination level further and hence protected the legal interests of the industry.
