Additional levy in the amount of 19.15% of the consignment will be charged on importation into the territory of the Customs Union of cold seamless pipe rolling of stainless steel (HS 7304410009), originating in China. «This is a necessary measure, which will be introduced to protect the vehicle market operators from dumping price policy on the part of Asian manufacturers of stainless pipe. Validity of duty — 5 years «- commented on the news the representatives of the Eurasian Economic Commission, the final stage of the investigation conducted on the matter.
Recall: the anti-dumping investigation against Chinese stainless pipe was started in the late autumn of 2011 at the initiative of several Russian producers of goods in this category — «Chelyabinsk Pipe Plant» companies «SinTZ» (Sinara Production TMC unit), «TMK-INOX» and «Pervouralsk Pipe plant. «Then the question of responsibility of the Ministry of Industry and Trade of Russia, but later the reins of government in the investigation were submitted to the Board of ECE (Eurasian Economic Commission), together with the rest of uncovered cases of anti-dumping, countervailing and safeguard measures on imports of the participating countries of the Customs Union. In this instance the decision on the introduction of anti-dumping duties on stainless steel pipe rolling from the PRC had to be made in November last year, but then the regulatory body of the EU postponed the closing of the investigation for another 6 months.
Earlier it was reported that the reason for the initiation of an anti-dumping investigation on Chinese stainless pipe on the vehicle market was a difficult situation in the sector from 2008 to 2010. Despite the significant increase in the level of consumption of stainless pipes in this period in the local market, which reached nearly 50%, «plus» to the old figures, the Russian stainless steel producers have been forced to reduce production of products in this category (under pressure from cheap imports from the PRC) that It resulted in reducing the level of supply by 9%. «Competition with Asian manufacturers of stainless steel pipe has cost local businesses profit from a decrease in the level of sales by 38.3%," — stated in the materials of the initiators of the anti-dumping investigation referred to above.