The Eurasian Economic Commission has decided to impose an 18.96% duty on Ukrainian stainless seamless pipes with up to 426 mm diameter for 5 years.
Duties for pipes from Centravis Production Ukraine and Interpipe Niko Tube will be on the level of 4.32%.
“Under the price pressure from dumping stainless steel imports from Ukraine in 2011-2014 the average price of EAEC manufacturers decreased by 2.5%, while its prime cost increased by 5.7%. This dropped sales profitability to really low levels”, explained the EEC this decision. (Ukrainian metal)