Kiev slaps 5-yr anti-dumping duty on Russian reinforcement bars - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Kiev slaps 5-yr anti-dumping duty on Russian reinforcement bars

Metall01KIEV, Dec 29 (PRIME) Ц Ukraine will slap a five-year 15.21% anti-dumping duty on imports of reinforcement bars and rolled metal products from Russia starting from February 27, an interdepartmental commission on international trade said in a statement on Friday.

The decision was made on request from the Economic Development and Trade Ministry based on results of an anti-dumping investigation.

УAfter studying the results, the commission made a positive conclusion that financial damage was inflicted on the national product maker. In 2014Ц2016, the production amount contracted by 8.55%, the loading of production capacities decreased by 10.85%, domestic sales fell 1.75%, the share of the national product maker on the internal market contracted 7.2%, personnel shrank by 15.37%, investment fell 8.01%, and so on,Ф the statement read.

At the same time, prices of products imported from Russia were lower than prices of national producers during the investigation period, the commission said.

End

29.12.2017 13:41
 
 
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