Business news from Ukraine

UKRAINE TO INTRODUCE ANTIDUMPING DUTIES ON TURKISH CEMENT

The Interdepartmental Commission on International Trade (ICIT) has decided to apply the final antidumping duties on the import of cement from Turkey to Ukraine for a period of five years, which, depending on the manufacturer, will range from 32.64% to 50.54%.
As stated in an announcement in the Uriadovy Kurier newspaper on Tuesday, the decision of the ICIT of September 2, adopted after considering a complaint from Ukrainian cement producers, will enter into force 30 days after publication.
According to the document, the ICIT rejected proposals from a number of Turkish manufacturers on voluntary written commitments to revise their prices.
According to the State Statistics Service, imports of cement and Portland cement clinkers to Ukraine, classified according to foreign activity codes 2523 10 00 00 and 2523 29 00 00, in the first half of 2021 amounted to 42,290 tonnes for $1.73 million (all from Turkey) and 237,690 tonnes for $11.77 million (Turkey’s share is 97.2% and 95%, respectively).

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THAILAND WILL KEEP ANTIDUMPING DUTIES ON IMPORTS OF HOT-ROLLED STEEL FROM 14 COUNTRIES

The Department of Foreign Trade of Thailand has announced the final decision to extend for another five years antidumping duties on the import of certain types of hot-rolled steel from 14 countries, including Ukraine with a slight decrease.
According to Steel Orbis, this decision was made following the revision of antidumping restrictions on imports of these products from Japan, South Africa, Russia, Kazakhstan, India, South Korea, Venezuela, Argentina, Ukraine, Algeria, Indonesia, Slovakia, Romania and Taiwan.
The size of the duties is from 0% to 128.11%. At the same time, duties on deliveries from Ukraine will amount to 30.45%-67.69%, from the Russian Federation – 24.2%-35.17%, Kazakhstan – 68.11%-109.25%.
The duty revision procedure was launched in May 2020 following a complaint from local manufacturers.
According to the information of the Ministry of Economy of Ukraine, at present there are duties on the supply of hot-rolled products in coils and not in coils to Thailand produced by Illich steel mill (Metinvest Group) – 32.17%, other manufacturers – 71.52%.

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