In Ukraine initiated an investigation into the import of rolled metal products from China

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

According to the message in "Uryadov Courier" on December 19 of this year, the decision to initiate an investigation was made by the MCMT on the basis of the complaint of LLC "Module - Ukraine", 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 the PRC 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 these products. "Analysis of the dynamics of the main indicators of the applicant's financial and economic activities during the study period showed that a number of indicators worsened, namely: a drop in sales volumes, a loss of market share with an increase in consumption in the domestic market, an accumulation of stocks of finished products in warehouses, a decrease in production volumes, reduction in the level of utilization of production capacities, deterioration of the financial result from the sale of goods, deterioration of liquidity, reduction of investments ", - stated in the information of the MCMT.

In this regard, the Commission decided to initiate an anti-dumping investigation in relation to the import to Ukraine from China of the following product: flat rolled carbon steel, clad, galvanized or other coated.