FROM SPAIN AND SWEDEN HAVE INCREASED FROM 3 261 TONNES IN 1977 TO 7 207 IN 1979 ; WHEREAS , HOWEVER , ACCOUNT HAS BEEN TAKEN OF THE FACT THAT IMPORTS OF SECOND-HAND CHAIN , WHICH DO NOT DIRECTLY AFFECT AND ARE NOT IN DIRECT COMPETITION WITH SALES OF NEW CHAIN BY THE COMMUNITY PRODUCERS , ARE INCLUDED IN THE ABOVE FIGURES ;
WHEREAS THE FACT THAT A SUBSTANTIAL AMOUNT OF CHAIN IS USED OUTSIDE THE COMMUNITY FOR DRILLING-PLATFORMS OR FOR MOORING PURPOSES , MAKES IT IMPOSSIBLE TO CALCULATE EXACTLY THE CONSUMPTION INSIDE THE COMMUNITY AS WELL AS THE MARKET SHARES HELD BY THE VARIOUS EXPORTERS ; WHEREAS , HOWEVER , THE INFORMATION AVAILABLE SUGGESTS THAT THE MARKET SHARE INSIDE THE COMMUNITY , HELD BY IMPORTS OF STUDDED WELDED-LINK CHAIN , ORIGINATING IN SPAIN AND SWEDEN , ROSE FROM APPROXIMATELY 17 % IN 1977 TO APPROXIMATELY 48 % IN 1979 ;
WHEREAS THE PRICES AT WHICH THOSE IMPORTS WERE SOLD WERE VERY LOW , THUS FORCING ALL COMMUNITY PRODUCERS TO ALIGN THEIR PRICES DOWNWARDS ; WHEREAS OFFERS AT VERY LOW PRICES WHICH DID NOT RESULT IN ACTUAL SALES HAVE HAD THE SAME EFFECT ;
WHEREAS THE CONSEQUENT IMPACT ON THE COMMUNITY INDUSTRY TAKES THE FORM PRINCIPALLY OF A LOSS OF PRODUCTION , A LOSS OF MARKET SHARE AND A DEPRESSION OF COMMUNITY PRICES AT A TIME AT WHICH THE COMMUNITY INDUSTRY IS ALREADY FACED WITH SERIOUS DIFFICULTIES AS A RESULT OF THE GENERAL MARKET SITUATION ; WHEREAS , FOR EXAMPLE , COMMUNITY PRODUCTION FELL FROM APPROXIMATELY 18 730 TONNES IN 1977 TO APPROXIMATELY 8 885 TONNES IN 1979 , THE MARKET SHARE IN THE COMMUNITY HELD BY COMMUNITY PRODUCERS FELL FROM 74 % IN 1977 TO 23 % IN 1979 , AND NECESSARY PRICE INCREASES WERE PREVENTED , THUS FORCING ALL COMMUNITY PRODUCERS TO SELL BELOW THEIR PRODUCTION COSTS ;
WHEREAS TWO FRENCH PRODUCERS CEASED THE PRODUCTION OF STUDDED WELDED-LINK CHAIN IN 1978 AND 1979 , AND ONE BRITISH PRODUCER HAS RECENTLY BEEN FORCED TO STOP ITS PRODUCTION AS WELL , WITH A CONSEQUENT ADVERSE EFFECT ON EMPLOYMENT ; WHEREAS MOST OF THE OTHER PRODUCERS MAKE CONSIDERABLE LOSSES ON THEIR SALES ;
WHEREAS THE COMMISSION HAS EXAMINED WHETHER INJURIES WERE CAUSED BY OTHER FACTORS WHICH HAVE ADVERSELY AFFECTED THE COMMUNITY INDUSTRY ; WHEREAS THE VOLUME OF NON-DUMPED IMPORTS WAS NEGLIGIBLE ; WHEREAS , HOWEVER , DEMAND IN THE SHIPBUILDING AND OFFSHORE INDUSTRIES DECLINED , RESULTING IN WORLD-WIDE OVERPRODUCTION CAPACITY ; WHEREAS THE ADVERSE EFFECTS CAUSED BY THIS LATTER FACTOR HAVE NOT BEEN ATTRIBUTED TO THE IMPORTS UNDER CONSIDERATION ;
WHEREAS , IN VIEW OF THE FOREGOING , THE PRELIMINARY EXAMINATION OF THE FACTS SHOWS THAT DUMPING EXISTS AND THAT THERE IS SUFFICIENT EVIDENCE OF CONSEQUENT MATERIAL INJURY ;
WHEREAS THE EXPORTERS CONCERNED WERE INFORMED OF THE FINDINGS OF THE INVESTIGATION AND COMMENTED ON THEM ; WHEREAS UNDERTAKINGS WERE SUBSEQUENTLY OFFERED BY ALL EXPORTERS WHO HAD BEEN FOUND TO BE DUMPING ;
WHEREAS THE EFFECT OF THESE UNDERTAKINGS WILL BE TO