Universal Cables Limited — Others, 12-06-2025: Action(s) initiated or orders passed

Universal Cables has announced a board meeting on the financial results for the quarter and half-year. The European Commission has imposed a combined duty of 8.30% on the company’s exports of single mode optical fibre cables to the EU, comprising a 5.40% Countervailing Duty and a reduced 2.90% anti-dumping duty. Following the company’s submissions, the anti-dumping duty was cut from 6.90%, which may improve export competitiveness, though the exact financial impact remains uncertain. This duty adjustment is significant for the company’s European export business.