China on Thursday announced provisional
anti-dumping duties on imports of solar-grade polysilicon from the
United States and South Korea, the latest moves in a global struggle
over trade in solar products and their raw materials.
Chinese importers would be required to pay deposit rates of up to 57 per cent on US solar-grade polysilicon from Wednesday, the Ministry of Commerce said.
Imports from South Korea would be subject to tariffs of up to 48.7 per cent, the ministry said.
The US, South Korea and European Union are major sources of solar-grade polysilicon imports to China, which is the world's largest maker of solar panels.
Most of China's 43 polysilicon producers have suspended production because of falling demand and competition from cheaper imports, China's silicon industry association said last week.
In October, the US imposed anti-dumping duties ranging from 18 to 250 per cent on imports of Chinese solar products plus anti-subsidy duties averaging about 15 per cent.
The European Commission agreed on an average levy of 11.8 per cent on imports of Chinese solar panels and their key components last month.
Most Popular Stories
- Islamic State Obliterating Cultural Landmarks in Mosul
- The 2014 Fastest-Growing 100
- 'Lucy's' Super Powers Tops 'Hercules' at Box Office
- Boehner Says Impeachment Talk Is Democrat Scam
- You're So Vain: Microsoft to Launch First 'Selfie Phone'
- VW Site Could Mean Another 2,000 Jobs for Chattanooga
- RV Sales See Highest Increase Post Great Recession
- U.S. Home Price Gains Slow for 6th Month in a Row
- Report: China to Declare Qualcomm a Monopoly
- Insecticides Permeate U.S. Food, Water Supply