New information concerning anti-dumping duty proceedings about import of optical fiber cables from China has just been revealed. The European commission in the document published on 30th June 2021 provided the latest details on the proceedings and the analysis, which confirmed that dumped imports of fiber optic cables from China have affected and caused dramatic consequences on the EU industry.
On the basis of an investigation with interested parties and after having carefully verified the amount of possible losses caused by dumping actions, the EC decided to establish the definitive dumping margin. Following the analysis, the duty on imported fiber optic cables may reach even 54.1%!
For some producers who cooperated with the investigation and provided appropriate justifications to lower this rate, the duty may be eventually lower (27.4% and 40%).
Certainly, these findings may provoke a real "earthquake" on the fiber optic cable market in Europe. Undoubtedly, this issue will generate additional costs for cables imported from China which, as can be expected, will eventually be passed on to customers. Naturally, this issue does not concern European producers whose cable plants and manufacturing centers are located in the EU - such as FIBRAIN.
At the same time, we want to reassure our customers that all FIBRAIN cables are produced in our manufacturing center in Poland, so there is no need to worry or be afraid that the new regulation will affect our customers.
For the above reasons, customers should now ask themselves a question concerning the choice of fiber optic cable producers and future cooperation with them. As we all know, a European producer can guarantee not only high quality of products, but also stable prices.
We will monitor this situation and keep you updated.