The EU has applied a 42.1% anti-dumping duty on Chinese solar glass manufacturers.

The levy came in to play on the 28th November. An investigation into the matter was announced in February this year, with a parallel anti-subsidy inquiry following in April.

Companies that cooperated with the EU investigation will be charged slightly lower rate of 38.4% with Henan Yuhua given the lowest rate of 17.1% to reflect its smaller dumping margin. Hehe Group was given a 32.3% levy and Xinyi Group a 39.3% rate.

The EU believes that imposing these duties on Chinese imports could allow European manufacturers that ceased production to start up again. The recent influx of low cost solar glass from China has placed immense pressures on European producers.

Further details are available here.