On February 9, the board of the Eurasian Economic Commission decided to introduce an anti-dumping duty on a number of types of welded stainless steel pipes and profiles from the People's Republic of China. The duty is introduced for a period of five years & the rate will range from 14.62 to 17.28%, depending on the manufacturer. The Commission said “The main areas of application of these products are the production of sanitary ware and heat exchangers, the automotive industry, the food industry, the petrochemical and nuclear industries, the production of furniture and infrastructure construction.”
The decision of the EEC Board will enter into force after 30 calendar days from the date of its official publication.
An anti-dumping investigation against welded pipes and profiles from the PRC was launched on December 24, 2019 following the consideration of an application filed by TMK-Inox, Marchegalia RU, Baltinox and supported by Techno Trade LLC.