Prysmian welcomes EC's anti-dumping duties

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Prysmian Group welcomes EC decision: “Ensuring fair competition is in the interest of our customers and the whole community”

Prysmian Group, the world leader in the energy and telecom cable systems industry, welcomes the European Commission’s decision to impose anti-dumping duties on imports of optical fibre cables from China. The European Commission has today imposed anti-dumping duties ranging between 19.7% and 44% on imports of optical fibre cables from China. The strongly subsidized Chinese optical fibre cable industry has benefitted from an unfair competitive advantage, allowing it to increase significantly exports to the EU at heavily undercut prices during recent years. Philippe Vanhille, EVP Telecom Division at Prysmian Group commented:... ... More: Official Press Release Prysmian Group

Keywords:

Prysmian Group, optical fibre cables, China, EC, EU, decision, anti dumping duties, import, telecommunications, undercut prices