Kommersant: Russian metallurgists ask the authorities not to extend the anti-dumping duty on Ukrainian rolls – Rosbalt

THIS MESSAGE (MATERIAL) IS CREATED AND (OR) DISTRIBUTED BY A FOREIGN MASS MEDIA PERFORMING THE FUNCTIONS OF A FOREIGN AGENT AND (OR) A RUSSIAN LEGAL ENTITY PERFORMING THE FUNCTIONS OF A FOREIGN AGENT.

Russian metallurgists are asking the authorities not to extend the anti-dumping duty on Ukrainian-made forged steel rolls. Rolled steel has traditionally depended on supplies from Ukraine, and attempts to develop the production of rolls in Russia in the required volumes have not yet been successful.

The Russian Steel Association, which represents the interests of the largest Russian metallurgical companies, has sent a letter to the Eurasian Economic Commission (EEC) Domestic Market Protection Department, Kommersant writes.

Recall that the rolls are the working tool of the rolling mill, with the help of which the profile and geometry of the rolled products are formed. The anti-dumping duty of 26% of the customs value has been in effect since 2011 and has been extended several times. The next term of its validity expires on February 28.

Metallurgists write that the duty was extended on the condition that producers in the EAEU can meet the demand for rolls, but there are difficulties with this. And the only supplier of rolls in the EAEU at the moment, PJSC Uralmashzavod, cannot guarantee delivery on time. Russian Steel claims that the amount of fines for late delivery in 2019-2021 amounted to 20 million rubles, and the delay period was 200 days. An important supplier, the machine-building concern ORMETO-UUMZ, has suspended its activities.

In fact, the current situation makes imports from Ukraine uncontested, and the anti-dumping duty creates excessive costs for steel producers, the letter says.

The materials of the EEC anti-dumping investigation, which was conducted in 2019, state that the volume of imports of rolls from Ukraine in 2018 amounted to 9.5 thousand tons. The price for such rolls on CIF terms was 123 thousand rubles. per ton (including customs duties and fees, but without anti-dumping duties), while rolls produced in the EAEU cost 149 thousand rubles. per ton. Ukrainian imports accounted for more than half of the consumption of rolls in the EAEU (16.4 thousand tons) and 68% of their imports.

Source: Rosbalt

You may also like

Immediate Access Pro