NLMK asks to introduce duties against reinforcement rods of ArcelorMittal Krivoy Rog and other Ukrainian manufactures
Edited by Rhod Mackenzie / 2015-08-12 07:18:10
Kazakhstan Metals and mining Russia Ukraine Novolipetsk Steel NLMK Kazakhstan Metals and Mining Russia Metals and Mining Ukraine Metals and Mining Steel
The Eurasian Economic Commission (EEC) recommended the introduction of anti-dumping duties against metal rods from the Ukraine already in May: 9.32% for Ukrainian company ArcelorMittal Krivoy Rog and 10.11% for all other producers. According to the Federal Customs Service, in 2014, 652, 215 tons of rods for $736 million were imported from the Ukraine to Russia. But the average price of Ukrainian import was by 10-15% less than the prices of imports from other countries. 1 ton of Ukrainian rods in Russia cost $547 at an average price of imports of $648 per 1 ton. Dumping from the Ukraine causes "material damage to the industry of the single economic space," the EEC concluded. But the duties haven’t yet been introduced.
