Because Prysmian beats Vodafone, Orange, RetelIt and Sirti

Because Prysmian beats Vodafone, Orange, RetelIt and Sirti

Prysmian, Corning, Nexans, Acome and not only through the Europacable association claim that Vodafone, Orange, Open Fiber, Retelit, Sirti and other telecommunication companies have bought below cost cables from China

Suspected dumping. The European Commission has launched an investigation to verify the terms and conditions of imports of optical fiber cables from China , used among others by Vodafone, Orange, Open Fiber, Retelit and Sirti.

Europacable denounced the numbers of a distorted market, on behalf of the producers (including the Italian Prysmian) who represent over 25% of cable production in Europe. All the details.

THE INQUIRY

The European Commission, according to the Official Journal of the European Union , has launched an anti-dumping investigation into imports of optical fiber cables from China. The authorities will concentrate from the period from 1 July 2019 to 30 June 2020 and a series of producers and importers who have used them will be involved 'on a sample basis'.

THE COMPLAINT OF EUROPACABLE

It all started with a complaint from Europacable, which presented the complaint to the European Commission on behalf of the associated producers : Prysmian Group, Corning, Nexans, Acome, Tkf, Stl, Reka Cables, Italian Cable Company, Ofs, Hellenica Cables, Kabelwerk Rhenania, Leoni, Leviton, Sipd, Hexatronic, Skb, AmoKabel and Top Cable.

THE MARKET NUMBERS

The association itself has provided details on what should be the numbers of a market distorted by unfair competition: Europacable, in fact, claims that approximately 1.2 million kilometers of cables were installed in 2019, of which 15-20% coming from China.

According to the association, Chinese imports increased by 150% from 2016 to 2019.

THE COMMENT OF EUROCABLE

“Europacable and its associated companies will actively assist and support the European Commission in its efforts to restore a level playing field in the European fiber optic cable market. Europacable members are strongly committed to maintaining and, where necessary, trying to restore fair conditions of competition for the entire range of wire and cable products they represent on the European market ”, writes Europacable . "Europe absolutely needs to maintain a strong and technologically advanced optical cable industry which urgently needs to ensure that it remains viable in this very difficult environment."

THE MAIN CHINESE PRODUCERS

The documentation delivered by Europacable to the EU indicates 13 Chinese manufacturers, including Yangtze Optical FC, Hengtong Group, Fiberhome and Futong

WHO USED THE CHINESE CABLES?

Over 40, on the other hand, are those who have used Asian products for wiring. And among these we also find giants such as Telekom Austria, Deutsche Telekom, Orange and Vodafone. Among the Italian companies there are Open Fiber, Retelit and Sirti.

WHAT HAPPENS NOW?

The investigation launched could last even more than 15 months, but the Commission could also insert duties within the next 8 months.

The Commission "considers that there is sufficient evidence to demonstrate that the volume and prices of the imports concerned have had a negative impact on the quantities sold and the level of prices charged, resulting in substantial negative effects on the overall performance of the Union industry" .

HERE THE NOTICE OF OPENING THE INVESTIGATIONS.


This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/innovazione/perche-prysmian-picchia-contro-vodafone-orange-retelit-e-sirti/ on Fri, 25 Sep 2020 06:36:56 +0000.