Eurasian Economic Commission has approved of the implementation of antidumping duties on Ukrainian ferrosilicomanganese for 5 years and prolonged duties on Ukrainian steel pipes.
Ferrosilicomanganese duties will reach 26.35% and will affect Nikopol Ferroalloy Plant, Zaporozhye Ferro Alloys Plant and Stakhanov Ferroalloy Plant. These three works in 2014 supplied $200 million worth of ferrosilicomanganese to Russia.
Prolonged 18.9-37.8% duties on pipes will mostly affect Interpipe that exported some $180 million worth of products to Russia in 2014.
The duties will come into effect in July. (Ukrainian metal)