EU initiates antidumping probe against Russian hot-rolled steel

Business & Economy July 07, 2016, 10:23

The probe will cover "flat-rolled products of iron, non-alloy steel or other alloy steel" from Brazil, Iran, Russia, Serbia and Ukraine

BRUSSELS, July 7. /TASS/. The European Union initiated an antidumping probe against supplies of hot-rolled steel from Russia, Brazil, Iran, Serbia and Ukraine. The statement to this effect was published in the EU official journal on Thursday.

"The European Commission (EC) has received a complaint pursuant to Article 5 of Council Regulation ia and Ukraine, are being dumped and are causing material injury to the Union industry," the EC said.

The probe will cover "flat-rolled products of iron, non-alloy steel or other alloy steel," the EC said.

Earlier, the European Commission launched and anti-dumping investigation in respect of cold-rolled steel from Russia and China. Deliveries from Russia, China and Ukraine make up about 60% of the total steel imports to the European Union.

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