Russia considers AD duty on Ukrainian steel channels

Russia considers AD duty on Ukrainian steel channels

Russia's interdepartmental Commission on Protective Measures in Foreign Trade suggested that the government impose a 17.4% duty on steel channels originating from Ukraine. One exception to the proposed tariff would be for imports coming from Azovstal, on which only a 12.3% duty would be placed. The commission proposed that the rates remain in effect for three years. The Russian Cabinet, which is currently evaluating the proposal, is expected to make its decision on the issue within a few weeks. The antidumping investigation regarding imports of steel channels from Ukraine began in late 2004 upon the request of Evraz Holding (Russia's largest producer of steel channels), West Siberian Iron and Steel Works (Zapzib), and Nizhny Tagil Iron and Steel Works (NTMK).