The Eurasian Economic Commission (EEC) has extended the anti-dumping duty on imports of galvanized steel from China and Ukraine for another five years—until June 9, 2030.
This was reported by Kallanish.
The decision was made following a repeated anti-dumping investigation launched on September 2, 2024. The investigation was prompted by the approaching expiration of the current restrictions and requests from national producers within the Eurasian Economic Union (EAEU), including Magnitogorsk Iron and Steel Works (MMK), NLMK, and Severstal.
The duty was first introduced on December 3, 2019, by EEC Council Decision No. 209. It imposes rates ranging from 12.69% to 17% on Chinese galvanized steel, depending on the specific manufacturer. For Ukrainian products, the duty is set at 23.9% of the customs value.
The Eurasian Economic Union comprises five countries—Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia. The main purpose of extending the duties is to protect the domestic market from unfair competition posed by cheaper imports.
The EEC decision also states that if there are changes in trade policy or new circumstances arise, the terms of the anti-dumping measures may be reviewed ahead of schedule.
