Russia imposes AD duty on stainless flats from EU

Tuesday, 20 February 2007 13:51:31 (GMT+3)   |  
       

The government of the Russian Federation has decided to impose an antidumping (AD) duty on imports of stainless flat rolled products from the European Union (EU) member states. The AD duty in the amount of Euro 0.84 per kg of stainless flat rolled products with nickel content of 2.5 percent or higher was imposed for a period of three years and will enter into force a month after official publication on February 20. The new duty will impact products under the following HS Code: 7219 11 000 0, 7219 12 100 0, 7219 21 100 9, 7219 22 100 9, 7219 23 000 9, 7219 24 000 9, 7219 31 000 0, 7219 32 100 9, 7219 33 100 9, 7219 34 100 9, 7219 35 100 0, 7219 90 200 0, 7219 90 800 9, 7220 11 000 9, 7220 12 000 0, 7220 20 210 0, 7220 20 410 0, 7220 20 810 0, 7220 90 200 0, 7220 90 800 0. The Russian Ministry of Economic Development and Trade (MEDT) initiated an AD investigation into stainless flat product imports originating from the EU on October 27, 2004, based on a complaint filed by Mechel's Chelyabinsk Iron and Steel Works on behalf of Russian stainless steel producers. In 2006, Russia imported about 99,700 metric tons of stainless flat rolled steel, the majority of which came from the EU, with domestic consumption totaling 144,000 metric tons.

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