EU puts dumping duties on TV tubes

BRUSSELS, APRIL 29: The European Union's executive body said on Thursday it was imposing provisional anti-dumping duties on imports of som...

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BRUSSELS, APRIL 29: The European Union’s executive body said on Thursday it was imposing provisional anti-dumping duties on imports of some colour television tubes from India, Malaysia, China and South Korea.

The Commission launched an investigation of alleged dumping of TV tubes from India, Lithuania, Malaysia, China and South Korea in July last year after receiving a complaint filed on behalf of a European producer.

The Commission’s probe found dumping existed for products from all five countries. No anti-dumping duties were imposed on Lithuania, where the dumping margin was found to be below the minimum two percent level. However, the Commission said it would continue to investigate and consider any further evidence submitted.

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The Commission imposed duties of 11 percent on all Chinese producers of the tubes, 20.4 percent on South Korean producers and 21.2 percent on Indian companies.

The duty was set at 5.2 percent for all Malaysian companies except one, Samsung Electron Devices, in which case the dumping margin was found by the Commission to be below the two percent threshold and no dumping duty was imposed. The Commission has the power to impose anti-dumping duties on products it finds are sold in the 15-nation EU market at below production cost.

A Commission report said on Thursday that there had been a "remarkable" increase in EU anti-dumping measures imposed during the first quarter of this year.