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Prysmian S.p.A. (0NUX.IL)

IOB - IOB Delayed price. Currency in EUR
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32.62-0.18 (-0.55%)
At close: 06:45PM GMT
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  • Reuters

    EU sets tariffs on Chinese optical fibre cables

    The European Union said on Thursday it will impose tariffs on optical fibre cables from China after an investigation found they were being sold at artificially low prices. The European Commission, which conducted the inquiry, has set duties of 19.7% for ZTT group companies including Jiangsu Zhongtian Technology Co and 31.2% for other cooperating companies. For FTT group companies such as FiberHome Telecommunication Technologies Co Ltd and all other companies the tariff will be 44.0%.