The European Commission imposed anti-dumping duties on imports of engineered wood flooring from China.
The duties range from 21.3% to 36.1% and will remain in place for at least the next five years.
The engineered wood flooring European Union market is worth €1.3 billion ($1.5 billion USD) and employs 10,500 people, according to the EC.
Duties come after the European Parquet Federation lodged a complaint on behalf of major EU producers, describing Chinese engineered wood flooring imports as “unfair.”
“The imposition of duties is a much-necessary step to level the playing field in the EU market given the unfairly low prices of Chinese parquet imports, which are only possible through significant overcapacities and structural distortions which were found to exist in the Chinese market,” FEP said in a statement.
