Ukraine’s interagency commission on international trade has decided to impose a 50.09% antidumping duty on imports of steel wires and wire ropes from Russia for five years, according to a report posted in the government’s Uriadovyi Kurier newspaper on February 25.
According to the law of Ukraine on the protection of national producers from dumping imports, on the basis of a complaint filed by PJSC Stalkanat-Silur Production Association, the interagency commission on international trade decided to launch an antidumping investigation into imports into Ukraine of twisted wire ropes and wire ropes from Russia.
The commission found out that the applicant’s share in the total production of these goods in Ukraine exceeded 50%. In 2016-2018, Stalkanat-Silur’s production capacity decreased by 10.9%, domestic sales fell by 1.9% and employment at the enterprise dropped by 47.7%.
The investigation established that these steel wires and wire ropes were imported into Ukraine from Russia at prices lower than selling prices for similar goods made by the national producer on the domestic market. The commission established a causal link between the dumped imports into Ukraine of goods originating in Russia and the threat of material injury to the national producer.
In this regard, the commission decided to apply antidumping measures for a period of five years by imposing a 50.09% anti-dumping duty on the said goods. (Ukrinform/Ukrainian metal)