Russia: Severstal and NLMK challenge EU’s cold-rolled steel duties

Russian steelmakers Severstal and Novolipetsk Steel (NLMK) have sent suits to the E.U.’s General Court challenging decision of the European Commission to introduce duties on imports of cold-rolled steel products from Russia, representatives of the companies reported. In August, the E.U. introduced an anti-dumping duty on cold-rolled steel from Russia and China for five years,…

Ukraine: metal makers to lose $700 million

The new antidumping investigation by the European Commission as regards Ukrainian manufacturers of hot-rolled metal could result in Ukraine losing the market valued at $700 million a year. According to the head of the Verkhovnaya Rada industrial policy committee Victor Halasyuk, that’s 2% of Ukraine’s exports. “This will not only weaken the competitive positions of…

Ukraine: EEC ferroalloys duties suspended

The decisions of the Eurasian Economic Commission of June 2, are suspended in order to let the Eurasian intergovernmental council study the matter. In late May EEC decided to impose antidumping duties on ferrosiliomanganese from Ukraine for 5 years. The duties amounted to 26.35% of the customs price. The compensational investigation was started on December…

Ukraine: ferroalloys and pipes banned by EEC

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…