Dear Valued Customer,
The recently formed Australian Cablemakers Association (“ACA”) today announced that on 9 September 2011 the Australian Customs and Border Protection Service (“Customs”) initiated a formal investigation into the alleged dumping of certain electric cables exported to Australia from the People’s Republic of China.
The founding members of ACA, Advance Cables Pty Ltd, Olex Australia Pty Ltd and Prysmian Power Cables & Systems Australia Pty Ltd, advised that the Australian cable manufacturing sector has been facing unfair trading practices for a considerable period from cheap imports from the People’s Republic of China.
ACA members have suffered material injury as a consequence of the dumping and look forward to the favourable resolution of the investigation.
Material injury has included the loss of employment for workers in the Australian cable industry.
The electric cables, the subject of the investigation, are suitable for connection to mains power supply and are commonly used in domestic and commercial applications.
Customs will now investigate the allegations made by the ACA members and, in the event that Customs finds the case proved, it is empowered to impose a dumping duty on all future imports of the cables from the People’s Republic of China for the next five years.
Enquiries may be directed to the ACA Secretary, David Klarich, on telephone 02 9600 0277.
Please find attached a copy of Australian Customs Dumping Notice No. 2011/40. Dumping Cable ACDN
Kind Regards,
Olex Australia Pty Ltd