The increased antidumping duties on railroad wheels made in Ukraine are in effect on the territory of the Eurasian Economic Union (Russia, Kazakhstan, Belarus, Armenia and Kyrgyzstan) from April 5. Previously the duty was 4.75%, now it is 34.22%. The decision was made on February 28. The previous duty was set in 2016, but it…
The government of Mexico has announced the implementation of the antidumping duties on the import of carbon steel pipes from Ukraine, South Korea, Spain and India. The investigation was carried out at the request of a local company and covered the trade operations from April 2013 through March 2016. (Ukrainian metal)
The Eurasian Economic Commission has extended the antidumping duty on cold-deformed seamless stainless pipes supplied to the territory of the Union from China and Malaysia. The duty has been prolonged for the duration of another investigation – through January 18, 2019. The volume of the duty is 19.15% of the customs cost. (Ukrainian metal)
Russia plans to file a complaint to the World Trade Organization (WTO) against Washington’s decision to introduce import duties on steel and aluminum, but does not plan any direct countermeasures, Deputy Industry and Trade Minister Viktor Yevtukhov declared on April 3. “The issue here is not only in introduction of retaliatory duties, there is a…
Russia is ready for negotiations with the U.S. to cancel 25% steel and 10% aluminum imports duties, Deputy Industry and Trade Minister Viktor Yevtukhov declared on March 26. Yevtukhov also said that Russia was considering contesting the measure in the World Trade Organization (WTO) and retaliating. “The third process is a process of negotiations to…
Russian metals producers can sustain at least $2 billion losses from a 25% U.S. import duty on steel and about $1 billion from a 10% aluminum duty, Deputy Industry and Trade Minister Viktor Yevtukhov declared. “Concerning the losses of our companies, tentative estimates show at least $2 billion from the steel duty and $1 billion…
The Ukrainian Prime Minister Vladimir Groysman has sent a letter to the US government asking it to remove Ukrainian metal products from 25% duty sanctions. On March 8 Donald Trump announced the imposition of a 25% duty on metal from all countries, except for Canada and Mexico, to protect the local market. In 2015 Ukraine…
In 2017 Ukraine exported 1.3 million tons of pig iron and 200 thousand tons of rolled metal to US. “Rolled metal accounted just for 1.3% of all Ukrainian metal exports. On the other hand, this is a perspective market, and our exports could have grown. So this is a bad news for us”, Ukrmetallurgprom president…