Russia plans to ban imports of a wide range of railway products from Ukraine
Ukrainian solid-rolled railway wheels (CCC), wheelsets, billets, axles, as well as large car castings - side frames and bolsters - may be prohibited from being imported into the Russian Federation, writes Kommersant edition.
This can be done by introducing into the government decree of December 2018, which contains a list of products prohibited for delivery from Ukraine, two corresponding commodity codes (TN VED 8607 19 100 and TN VED 8607 19 900 9). Until now, there was no railway equipment on the sanctions list. RBC wrote about Russia's intention to somehow ban the import of wheels in October.
Ukraine is the main supplier of railway wheels to the EAEU, the volume of imports in 2019 amounted to $ 270 million, in January-October 2020 - $ 150 million. Currently, there are protective duties of 34.22% against the import of wheels produced by the Ukrainian Interpipe.
The duty was suspended for almost a year, but resumed in July, while its validity period expires on January 21, 2021.
“The ban on imports of Ukrainian engineering products will lead to new price hikes for a wide and most important range of expensive parts. This effect will be amplified by the projected shortage of parts intended for a large-scale program of repairs of innovative cars in the next five years, "Kommersant writes, citing market sources in Russia.