The European Union will impose tariffs on imports of steel towers used for wind turbines from China on Friday after an investigation found they were being sold at artificially low prices. The European Commission, which conducted the inquiry, hasset duties ranging from 7.2% to 19.2%, with a rate of 14.4% applying to a subsidiary of Titan Wind Energy Suzhou Co Ltd, the EU official journal said on Thursday.
The European Union will impose tariffs on imports of steel towers used for wind turbines from China on Friday after an investigation found they were being sold at artificially low prices. The European Commission, which conducted the inquiry, hasset duties ranging from 7.2% to 19.2%, with a rate of 14.4% applying to a subsidiary of Titan Wind Energy Suzhou Co Ltd, the EU official journal said on Thursday.
The commission said the anti-dumping duties, which apply for five years, aimed to remedy damage caused to EU producers such as in Denmark and Spain.