Kommersent reported that Russian steel makers ask not to extend the anti-dumping duty on Ukrainian rolls. Russian Steel, which represents the interests of the largest Russian metallurgical companies, has asked not to extend the anti-dumping duty on Ukrainian-made forged steel rolls. Such a request is set out in a letter from the association to the Department for the Protection of the Internal Market of the Eurasian Economic Commission. Metallurgists in the letter indicate that the duty was extended on the condition that producers in the territory of the EAEU will be able to meet the demand for rolls. However, according to Russian Steel, there are problems with this. The letter says that 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.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. 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. Russian industry has traditionally been dependent on supplies from Ukraine, and attempts to develop the production of rolls in Russia in the required volumes have not yet been successful, according to Russian Steel. As a result, Russian companies are forced to buy Ukrainian equipment anyway, while paying the duty.
Kommersent reported that Russian steel makers ask not to extend the anti-dumping duty on Ukrainian rolls. Russian Steel, which represents the interests of the largest Russian metallurgical companies, has asked not to extend the anti-dumping duty on Ukrainian-made forged steel rolls. Such a request is set out in a letter from the association to the Department for the Protection of the Internal Market of the Eurasian Economic Commission. Metallurgists in the letter indicate that the duty was extended on the condition that producers in the territory of the EAEU will be able to meet the demand for rolls. However, according to Russian Steel, there are problems with this. The letter says that 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.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. 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. Russian industry has traditionally been dependent on supplies from Ukraine, and attempts to develop the production of rolls in Russia in the required volumes have not yet been successful, according to Russian Steel. As a result, Russian companies are forced to buy Ukrainian equipment anyway, while paying the duty.