The EU has re imposed duties against India on graphite electrodes for electric furnaces for another five years in the month of July.

Three European manufacturers including Germany’s SGL Carbon SE had requested the renewal of those levies, which are to counter Indian subsidies to exporters as well as dumping by those companies in Europe.

Indian exporters including HEG Ltd and Graphite India Ltd more than tripled their combined share of the EU market to about 5% in the same period, the bloc said at the time.

(Sourced from Bloomberg)