Bulten Fasteners China wins anti-dumping duty reprieve in an investigation before the European Commission
Bulten Fasteners China has prevailed in an anti-dumping investigation before the European Commission, resulting in a complete removal of the additional duties that had previously struck the company.
A new EU Regulation of 10 October 2012 constitutes the latest stage of a high-profile anti-dumping matter initiated by the European Commission in 2009 concerning fasteners from China. After being subject to several legal procedures in EU and WTO courts, the original anti-dumping duties have now been reviewed in a complex process. Bulten Fasteners China secured ‘Individual Treatment’ in the review and became the only company among a large number of applicants to be ruled fully exempt from the anti-dumping duties. Furthermore, Bulten Fasteners China gained additional procedural rights for future reviews.
Bulten Fasteners China may therefore, as one of only three Chinese companies, export fasteners into the European Union without paying additional duties, whereas the fasteners of all other Chinese exporters are struck by anti-dumping duties ranging from 23 to 75%.
Bulten Fasteners China, a subsidiary of the FinnvedenBulten Group, was represented by Mannheimer Swartling. The assignment has been handled by the firm’s offices in Brussels, Gothenburg, Hong Kong and Shanghai, with a team primarily composed of Jan Holmberg, Stefan Perván Lindeborg, Andreas Johansson, Lisa Staxäng and Rachel Dong.