Eurasian Economic Union imposes anti-dumping duty on some steel pipes, coils

07/12/2019 12:00 - 148 total view

Anti-dumping duties on some Chinese steel pipes and Chinese and Ukrainian galvanized coil imports into the Eurasian Economic Union will be introduced in early January for five years.

The Eurasian Economic Commission -- the regulatory authority of the union between Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan -- will publish the decision by end of this week and it will come into force 30 days thereafter, a spokeswoman said Wednesday.

The commission found evidence for the dumping of galvanized coil imports from Ukraine and China in October, but extended the investigation to December to analyze the concerned parties' comments on the findings.

The feedback has not affected the final decision. For the galvanized coils coming from Ukraine the EEC is introducing a 23.9% anti-dumping duty applicable for all suppliers including Ilyich Iron and Steel Works, part of Metinvest group. For Chinese material, the duties are set to vary between 12.69% and 17%.

Concurrently, the commission has also ruled to impose for five years the 15.5% anti-dumping duty on imports into the customs union of Chinese-origin seamless hot-formed round and square pipes made of corrosion-resistant steels with up to 650 mm outer diameters.
 
Source: Spglobal