Home / News / Ukraine / Ukraine launches anti-dumping investigation against Chinese coated steel products

Ukraine launches anti-dumping investigation against Chinese coated steel products

Ukraine / Asia / Ferrous metallurgy

The decision to initiate an investigation was made by the MCMT on the basis of the complaint of "Module - Ukraine " LLC, as well as the report and conclusions of the Ministry of Economic Development, Trade and Agriculture of Ukraine.

Ukraine launches anti-dumping investigation against Chinese coated steel products

The Interdepartmental Commission on International Trade (ICMT) has initiated an anti-dumping investigation against the import of coated carbon steel rolled products into Ukraine originating from the PRC.

According to the message in the "Uryadov courier " on December 19 of this year, the decision to initiate an investigation was made by the MCMT on the basis of a complaint by "Module-Ukraine " LLC, as well as the report and conclusions of the Ministry of Economic Development, Trade and Agriculture of Ukraine.

Based on the results of the consideration, the commission, in particular, found that the complaint contained sufficiently substantiated evidence, on the basis of which it can be assumed that the import of this type of rolled metal from China to Ukraine could be carried out at dumping prices, and this could harm the national producer. In particular, according to the materials of the complaint, during the study period (II half of 2017 - I half of 2020), the volumes of dumped imports from China grew during the study period in absolute terms, while the share of such imports accounted for more than half of total imports and consumption. With regard to production, the share of dumped imports ranged from 665% to 808%. At the same time, the prices of dumped imports were significantly lower than the level of prices and the cost of the domestic manufacturer of this product.

"Analysis of the dynamics of the main indicators of the applicant's financial and economic activities during the study period showed that there was a deterioration in a number of indicators, namely: a drop in sales, a loss of market share with an increase in consumption in the domestic market, the accumulation of stocks of finished products in warehouses, a decrease in production volumes, a decrease in the level of utilization of production capacities, a deterioration in the financial result from the sale of goods, a deterioration in liquidity, a decrease in investment ", - stated in the information of the MCMT.

In this regard, the Commission decided to initiate an anti-dumping investigation against the import of such goods to Ukraine from China: flat rolled products of carbon steel, clad, galvanized or other coated, classified in subheadings 721070, 721090 and 721240 according to UKTVED.

The Ministry of Economy has been charged with the anti-dumping investigation.

The Commission's decision of December 14, 2020 comes into force from the date of publication of this message (from December 19, 2020 - IF ).

LLC "Modul-Ukraine " (Kamenets-Podolsky, Khmelnitsky region) is one of the largest industrial companies in Ukraine for the production of galvanized sheet steel, painted coils, corrugated board. The company specializes in the production of thin sheet galvanized steel coils with a thickness of 0.3-1.0 mm, painted galvanized steel coils, galvanized and painted metal profiles of various brands, building metal structures. The company is the second in Ukraine in terms of installed capacity for the production of galvanized flat products (200 thousand tons per year).

The company "Yuria Holdings Limited " (Cyprus) owns a 100% share in LLC, the ultimate beneficiary is Ekaterina Koval (Kiev).

The authorized capital of the LLC is UAH 300.5 thousand.

МЕТАЛЛУРГПРОМ
Add a comment
Сomments (0)
To comment
Войти с ВК Войти с ФБ Войти с Яндекс
Sign in with:
Войти с ВК Войти с ФБ Войти с Яндекс