23 June 2009 14:56 [Source: ICIS news]
BRUSSELS (ICIS news)--The EU and the ?xml:namespace>
The restrictions on various raw materials are in clear breach of international trade rules, said the Commission.
European industries have raised concerns for a number of years on export restrictions - through quotas, export duties and minimum export prices - which
These include yellow phosphorous, bauxite, coke, fluorspar, magnesium, manganese, silicon metal, silicon carbide and zinc. Some of these resources cannot be found elsewhere.
"Restrictions on raw materials give Chinese companies an unfair advantage, as downstream industries in China have access to cheaper materials than their competitors outside China," said the Commission.
The chemical, steel and non-ferrous metal industries, as well as their downstream clients, are the main sectors concerned.
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|