13:11 05.04.2016

Ukrainian ministry: EEC probes allegations of Ukrainian rod dumping

2 min read
Ukrainian ministry: EEC probes allegations of Ukrainian rod dumping

Ukraine's Economic Development and Trade Ministry has pointed out violations of some WTO rules following a probe conducted by the Eurasian Economic Commission (EEC) into supplies of Ukrainian rods to the Eurasian Economic Union (EEU) members.

"The anti-dumping investigation was conducted in violation of some provisions of the WTO Agreement on applying Article VI of GATT 1994. This would not be left without attention of Ukraine, particularly, in part of the terms of the investigation and proofs of dumping and causing damage to the industrial sector of the EEU member countries. After consultations the Economic Development and Trade Ministry with Ukrainian producers the decision on Ukraine's steps on the issue will be made," the ministry said in a press release on Monday.

Deputy Minister of Economic Development and Trade, Trade Representative of Ukraine Natalia Mykolska said at a meeting of the working group for stimulation of exports and transportation safety for metal and mining sector exporters under the Council for Promoting Exports under the auspices of Ukraine's Economic Development and Trade Ministry on April 1 that Ukrainian producers can send their remarks and proposals on the introduction of the anti-dumping duty on supplies of Ukrainian rods to the EEU member countries to the ministry.

The EEC panel decided to introduce the anti-dumping duty on Ukrainian rods for five years. The individual duty is imposed on Yenakiyeve Steel Works – 10.11% of the customs value and on ArcelorMittal Kryvyi Rih – 9.32%. The 10.11% duty is set for other producers.

The decision will take effect in 30 days after its official publication.

The anti-dumping investigation was initiated in late 2013. The reason for the investigation was an appeal from Evraz Joint West Siberian Metallurgical Plant, Nizhneserginsky Metallurgical Plant, Chelyabinsk Metallurgical Plant, and Severstal and Magnitogorsk Iron and Steel Works, the share of which in total rod production in Customs Union from 2010 to the first half of 2013 accounted for 65.9%.

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