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SRAM: Dumping Case Not Over Yet

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AMERSFOORT, Netherlands (May 2) – ‘The European Commission (EC) investigation clearly established that Shimano dumped its internal hub gears on the European market. A dumping margin of 36.4% is established. With regard to these findings we are confident looking forward to the further investigation.’ This comment was made by Martin van Beek, general manager of […]

AMERSFOORT, Netherlands (May 2) – ‘The European Commission (EC) investigation clearly established that Shimano dumped its internal hub gears on the European market. A dumping margin of 36.4% is established. With regard to these findings we are confident looking forward to the further investigation.’ This comment was made by Martin van Beek, general manager of SRAM Europe. A final ruling by the EC about the dumping charges that SRAM brought forward against Shimano is expected in October. Reading the (confidential) ‘General Information note on the preliminary findings in the anti-dumping proceeding concerning imports of internal hub gears for bicycles originating in Japan’ from the EC, it becomes clear that this case is not over yet. Next to a dumping margin of 36.4%, EC’s preliminary findings showed that, ‘during the investigation period Community consumption slightly decreased by 1% but the volume of dumped imports increased by 43%. This allowed the Japanese exporting producer to gain a significant additional share of the Community market (12 percentage points) mainly at the expense of the Community industry (SRAM, ed), It also showed that during the investigation period dumped imports from Japan were undercutting the Community industry’s prices by around 8% and that sales prices of the Community industry were depressed.’ Despite these findings, the EC decided not to impose provisional anti-dumping duties on Shimano’s internal hub gears. With regard to further investigation, the EC’s states, ‘the preliminary investigation has established the existence of dumping by the Japanese exporting producer. As regards injury, the investigation has shown that the Community industry has suffered material injury. The further investigation should indicate whether there is a causal link between the dumped imports and the injury suffered by the Community industry and if there are no compelling reasons which exist not to impose anti-dumping measures.’ (JO)

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