EU slaps anti-dumping duty on glass fibre imported from China, Egypt

Fabrics of woven and/or stitched continuous filament glass fibre rovings and/or yarns with or without other elements will come under the purview of anti-dumping duty, according to EU notification. Glass fibre based items fall under HS chapter 70. There will be 69 per cent duty on free-at-Union-frontier price except for a few companies with individual duty rate from 34 per cent to 37.6 per cent.

Similarly, 33 per cent duty is imposed on manufacturing companies based in Egypt.

Glass fibres are used as reinforcement of polymers in various fields such as aerospace, automobile, marine, sporting and leisure goods, and construction and civil engineering. One of the principal advantages of using glass fibres for reinforcement of polymers is their high performance.

ALCHEMPro News Desk (KUL)