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UPDATE 1-EU drops trade probes on Malaysia, India fasteners

Published 07/15/2010, 11:21 AM
Updated 07/15/2010, 11:24 AM

* EU says European producers have withdrawn complaints

* European producers have said will refile complaints

(Adds detail, background)

BRUSSELS, July 15 (Reuters) - The European Commission has dropped investigations into allegations of illegal dumping and state subsidies favouring Indian and Malaysian fastener exporters after EU producers withdrew their complaints.

"By its letter of 1 April 2010 to the Commission, EIFI (the European Industrial Fasteners Institute) formally withdrew its complaint," the EU said in its official register on Thursday.

European producers say they will refile amended complaints in the coming months. [ID:nBRU010938]

Border tariffs protecting Europe's fastener makers from rival products are already in place against China, Vietnam, Thailand, Taiwan and Indonesia. (Reporting by Juliane von Reppert-Bismarck; Editing by Timothy Heritage and Peter Graff)

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