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Eurasian Economic Commission imposes Anti-dumping Duty on galvanized Steel sheets in China

Moscow, 4 Dec (Interfax)-the Executive Committee of the Eurasian Economic Commission issued a message and decided to impose anti-dumping duties on galvanized steel products originating in China and Ukraine.

According to sources, the Eurasian Economic Commission has launched an anti-dumping investigation into galvanized steel products originating in China and Ukraine on the application of stakeholders such as Magnitogelsk Iron and Steel Company of Russia and New Lipezk Iron and Steel Company. According to the results of the investigation, the Eurasian Economic Commission made a final decision on anti-dumping and decided to impose an anti-dumping duty of 17% on China Angang Co., Ltd., 15.2% on Shandong Dongye Metal Technology Development Co., Ltd., 17% on Xinjiang Bayi Iron and Steel Co., Ltd., 12.69% on China East Ayike Plate Co., Ltd. An anti-dumping duty of 14.93% was levied on China Shandong Port China Iron and Steel Co., Ltd., Gansu Jiugang Hongxing Iron and Steel Co., Ltd., and Dalian Posco Steel Co., Ltd., and an anti-dumping duty of 17% was levied on other Chinese producers. Decided to impose an anti-dumping duty of 23.9 per cent on Ukraine's Mariupur-Ilyich Metallurgical Co., Ltd., and other producers. The anti-dumping duty is valid for five years and the relevant decision will take effect in 30 days' time.

The Eurasian Economic Commission also decided to impose an anti-dumping duty of 15.5 per cent on seamless steel pipe products originating in China for a period of five years, which will take effect in 30 days.