The anti-dumping duty has been extended for another 5 years
On 19 December 2020, Ukraine extended the 59.4% anti-dumping duty on railway switches from Russia for a five-year period. The safeguard measure was introduced by a decision of the Interdepartmental Commission on International Trade (ICIT) of July 2002, according to Interfax-Ukraine citing the Government Gazette.
“This decision results from the revision of the anti-dumping measures initiated at the request of Dnipropetrovsk Railway Switch Plant (DRSP) on 22 November 2019 due to their expiry,” reports the ICIT.
According to the ICIT, no railway switches were imported from Russia during the revision period (1 January to 31 December 2019). The level of applicable measures was sufficient to prevent dumping and resulting damage to domestic producers.
“Given the position of exporters and the current economic conditions, it is not improbable that new types of dumping can emerge. Lifting the restrictions on railway switches from Russia is likely to result in another wave of dumping and cause damage to Ukrainian producers,” explains the ICIT.
As GMK Center reported earlier, in 2019 Ukraine resumed revision of the anti-dumping measures in respect of imports of railway switches from Russia due to their expiry. The revision was requested by Dnipropetrovsk Railway Switch Plant (DRSP).
In 2010, Ukraine suspended this duty for 6 months. At the same time, in 2013, the ICIT cut this duty for Muromsk Railway Switch Company 4.4 times to 13.44%.
Dnipropetrovsk Railway Switch Plant JSC is a leading Ukrainian manufacturer of railway switches for major railways and sidings.
The Plant also procures rolled products from steel companies. In particular, Azovstal supplies some types of rails and rail fastenings to Dnipropetrovsk Railway Switch Plant.