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26.15 26.46
29.05 29.7
Economy 2019-05-15T05:02:00+03:00
Ukrainian news
U.S. To Impose Anti-Dumping Duty Of 34.98%-44.03% On Rolled Metal Imports From Ukraine

U.S. To Impose Anti-Dumping Duty Of 34.98%-44.03% On Rolled Metal Imports From Ukraine

The Department of Trade of the United States has decided to impose an anti-dumping duty in the amount of 34.98%-44.03% on imports of rolled carbon and alloy steel from Ukraine.

The United States International Trade Commission (USITC) has said this in a statement, Ukrainian News Agency reports.

In particular, the surcharge of 44.03% was imposed on the products of the ArcelorMittal Kryvyi Rih mining and metallurgical plant (Dnipropetrovsk region) and the Yenakiyevo Metallurgic Plant (Donetsk region), and the duty of 34.98% was imposed on the products of other Ukrainian steelmakers.

The duty awaits the final approval by the USITC on February 22, in which case it will become effective before March 1.

The USITC reports that in 2016 import of the rolled carbon and alloy steel products from Ukraine to the United States grew twofold to 146,466,000 tons or 70.9% to USD 55.02 million.

The American watchdog also imposed a duty of 142,26% on rolled metals from the United Arab Emirates, in particular, the companies ArcelorMittal South Africa Limited, Scaw South Africa and the Consolidated Wire Industries.

As Ukrainian News Agency earlier reported, in October, the U.S. Department of Trade imposed preliminary anti-dumping duties in the amount of 34.98%-44.03% on import of rolled metals from Ukraine, at the same time preliminary lowering the anti-dumping duty on imports of rolled metals from 44.18% to 22.06% to the Ferriera Valsider steelmaking company (Italy), part of the Metinvest steel group.

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