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      Economy

      Australian anti-dumping action on Chinese silicon metal

      1
      2015-06-09 10:26Xinhua Editor: Gu Liping

      The Ministry of Commerce (MOC) said on Monday that Australia had issued an anti-dumping notice on silicon metal exported from China after an investigation into dumping and subsidization.

      Following the investigation the Australian Government Anti-Dumping Commission set dumping and subsidy margins for Hua'an Linan Silicon Industry Co. Ltd., and Guizhou Liping Linan Silicon Industry Co. Ltd. at 18.3 percent and 6.3 percent respectively. Both companies will be subject to an effective rate of combined interim countervailing duty and interim dumping duty of 12 percent, according to a statement by the MOC trade remedy and investigation bureau.

      The commission announced dumping margin and subsidy margin for "uncooperative, and all other exporters" of 27 percent and 37.6 percent respectively, with an effective rate of combined interim countervailing duty and interim dumping duty of 58.3 percent.

      Australia began its investigation in February last year after allegations of dumping and subsidization of silicon metal goods that originated from China with a total value of 12.78 million U.S. dollars, according to the MOC statement.

      The Australian notice was posted on the Australian Government Anti-Dumping Commission's website, while further information is available directly from the commission, said the MOC.

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