The Eurasian Economic Commission has stopped its compensatory investigation on ferrosilicomanganese originating in Ukraine and imported to the Customs Union.
“The inner market protection department has decided there was no basis for the implementation of the compensatory duty in respect of ferrosilicomanganese originating in Ukraine and imported to the Customs Union”, said the department in its statement. At the same time during the investigation it found the subsidized imports of ferrosilicomanganese and the damage done to the industry.
But the size of the subsidy granted to the Ukrainian manufacturers didn’t exceed the size of a minimal allowed subsidy.
On June 2, the EEC imposed an antidumping duty of 26.35% for 5 years on ferrosilicomanganese, supplied by some Ukrainian ferroalloy works. (Ukrainian metal)