EU drops investigations into steel fastener imports

Tuesday, 20 July 2010 16:43:36 (GMT+3)   |  
       

On July 14, the European Union (EU) terminated the antidumping (AD) and countervailing duty (CVD) investigations concerning imports of stainless steel fasteners and parts into the Union.
 
On June 30, 2009, the European Commission received a complaint concerning the alleged injurious dumping of certain stainless steel fasteners and parts thereof originating in India and Malaysia. The complaint was lodged by the European Industrial Fasteners Institute (EIFI) on behalf of producers representing a major proportion, in this case more than 25 percent, of the total Union production of certain stainless steel fasteners.
 
The Commission said on July 14 that, by its letter of April 1, 2010 to the institution, the EIFI formally withdrew its complaint.
 
The Commission, therefore, dropped the investigations.