EU imposes interim duties on Chinese made aluminium wheels
The European Union has imposed interim anti-dumping duties of up to 20.6 percent on imports of aluminum wheels imported from China following a complaint of unfair competition from European manufacturers. The European Commission, the executive arm of the 27-nation EU, said on Tuesday an investigation had revealed that imports of Chinese aluminum wheels, used by car makers such as Renault and BMW, harmed European producers.
It said EU manufacturers has suffered a significant decrease of production and sales, loss of market share, as well as price depression due to cheaper imports from China.
“A provisional anti-dumping duty is hereby imposed on imports of aluminium road wheels … originating in the People’s Republic of China,” the Commission said in the EU’s official journal.
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