China to keep imposing anti-dumping duties on Indian single-mode optical fibre imports

Beijing's commerce ministry announced on Thursday that anti-dumping levies on single-mode optical fibre from India will stay in force for five more years, starting Friday. Business Recorder reported that the extension follows a sunset review opened a year earlier. Officials concluded that lifting the measures could allow dumping to continue or return, while damaging the local optical fibre industry.

Duty rates are unchanged from earlier rulings and range from 7.4% to 30.6% depending on the Indian exporter. Sterlite Technologies pays the 7.4% rate, whereas Aksh Optifibre and Finolex Cables are each subject to 30.6%, the top of that range. The measure first took effect in August 2014 and was renewed in 2020 for a five-year term.