ICIT introduced final tariffs on steel wire imports from China

The Interdepartmental Commission on International Trade (ICIT) has introduced final anti-dumping measures on the import of steel wire from China into Ukraine. This is stated in newspaper of the Cabinet of Ministers «Government Courier’s» messages.

The anti-dumping investigation was initiated based on the complaint of the private joint-stock company PlasmaTech dated 04/23/2021. The object of the investigation was a silicon-manganese steel wire (Nomenclature 7229 20 00 00) originating from the People’s Republic of China (PRC).

The research was carried out in the period 01.01.2018-12.31.2020, and the investigation – 01.01.2020-12.31.2020. In the course of the investigation, it was established that PlasmaTech is a proper national producer, as its share in the total production of the relevant product in Ukraine was more than 50%. It was determined that Chinese wire was imported into Ukraine at dumped prices, which caused significant damage to the national producer. In addition, there is a possibility of an increase in dumped imports from the PRC.

Final anti-dumping duties are applied for a period of 5 years at a rate of 32.6% of the customs value of the goods.

The decision of the Commission dated 13.07.2023 shall enter into force from the date of publication of this notice.

In 2021, China exported to Ukraine 3.76 thousand tons of silicon-manganese steel wire (Nomenclature 7229 20 00 00), while the total import of the corresponding products was 7 thousand tons.

Olena Omelchenko, partner of the law firm Ilyashev and Partners, head of the international trade practice in the GMK Center column, noted that after the start of the full-scale war, Ukraine actually suspended anti-dumping investigations against steel products from a number of countries that had been started before the war. Now business is following with interest the resumption of work of ICIT.

In particular, the commission worked to complete investigations into coated steel, wire and pipes from the PRC, as well as bars from Belarus. Currently, it makes sense to take restrictive measures against goods from Belarus, China, and India, which harm national producers. The possibility of introducing tariffs on Turkish products is also being considered.

ICIT has already imposed definitive anti-dumping duties on carbon rods and other alloyed steels originating from the Republic of Belarus and the Republic of Moldova, as well as covered rolled carbon steel originating from China for a period of 5 years.