US sets final antidumping duties on China solar imports

11 October 2012 04:48  [Source: ICIS news]

SINGAPORE (ICIS)--The US has set final anti-dumping duties on imports of Chinese solar cell products ranging from 18.32% to 249.96%, the country's Department of Commerce said late on Wednesday.

It has also set final countervailing duties at a range of 14.78% to 15.97% for Chinese producers/exporters of the products, it said in a statement.

Suntech Power Co is hit with a final anti-dumping duty of 31.73%, while Trina Solar Energy Co is being meted out with a final dumping duty of 18.32%.

An anti-dumping duty of 25.96% will apply to 59 other solar cell product exporters from China, while all the others will be slapped with the maximum anti-dumping rate of 249.96%.

In 2011, US imported an estimated $3.1bn (€2.4bn) worth of Chinese solar cells, according to the statement.

The US International Trade Commission (ITC) is scheduled to make its final determination in November whether US' imports of China's solar cell products "materially injure" or "threaten material injury to" the domestic industry, the US Commerce Department said.

($1 = €0.78)

By: Felicia Loo

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