Russia: Translom allowed to buy TMK-Chermet

The Federal Antimonopoly Service has allowed a company affiliated with Translom to buy the Sinara Group scrap procuring business. According to the analysts the merged company will not control more than 14% of the scrap market. In particular, Germes was allowed to buy TMK-Chermet. There are no companies with the market share over 35% in…

EAEU: EEC prolongs Chinese pipes investigation

Eurasian Economic Committee has prolonged the antidumping investigation on imports of stainless steel hot-deformed seamless pipes from China. The investigation has been prolonged till December 3. It was started on August 31, 2018 and covers pipes with the outer diameter of up to 650 mm. The investigation was initiated by Volzhsky Pipe Works, Pervouralskiy Pipe…