Hungarian top diplomat: EU must discuss anti-Russian sanctionsWorld May 26, 19:56
Russian, French top diplomats discuss preparations for Putin’s visit to FranceRussian Politics & Diplomacy May 26, 19:47
Moscow comments on Tallinn’s move to expel Russian diplomatsRussian Politics & Diplomacy May 26, 19:43
WADA: Legendary Isinbayeva suits role of ambassador for clean sports in RussiaSport May 26, 19:33
Russia working on advanced air defense systemMilitary & Defense May 26, 19:17
WADA receives Russia’s new national anti-doping planSport May 26, 19:14
Moldova’s ruling pro-European coalition breaks upWorld May 26, 19:12
Hungary not to change stance on migration under EU pressure — top diplomatWorld May 26, 18:53
Brexit might affect financial stability of Europe — Russia’s Central BankBusiness & Economy May 26, 18:49
MOSCOW, June 6. /TASS/. The Eurasian Economic Commission (EEC) made a decision to introduce an antidumping duty of 26.35% of the customs value on Ukraine’s ferrosilicon manganese for the term of five years, the EEC said on Monday.
The weighted average price of Ukrainian ferrosilicon manganese was below the weighted average price of the counterpart alloy from third countries from January 1, 2011 to June 30, 2014, the EEC said. Furthermore, its price was much lower than the industry price in the Eurasian Economic Union (EAEU) throughout the review period.
"Huge volumes of Ukrainian ferroalloy supplied at dumping prices to the EAEU market adversely affected producers in EAEU nations, which were forced to reduce prices even despite a fairly low level of returns," the EEC said.
The decision on duties will come into force in 30 calendar days from its promulgation date.
The share of Ukrainian supplies in total EAEU imports equaled 84.1% in the first half of 2014.