The Russian ministry of industry and trade has concluded that there are no grounds for imposing anti-dumping duties on imports of pre-painted steel from China, Taiwan, South Korea, Belgium, Finland and Kazakhstan. An investigation into these imports was opened in March 2008 at the request of Russian producers Severstal, Novolipetsk Steel and Magnitogorsk Iron & Steel.
The ministry did find evidence of dumping by the countries under investigation in 2007, but did not find evidence that this caused material damage to a sector of the Russian economy, Steel Business Briefing learns from a ministry document. The investigation focussed on cold rolled pre-painted and cold rolled and galvanised pre-painted sheet over 0.2mm thick and over 100mm wide.
The Russian federal anti-monopoly service contributed to the investigation, noting that the Russian pre-painted steel sector is highly concentrated and domestic producers cannot fully meet the needs of the growing Russian market with their existing production capacities.
Imports of pre-painted steel into Russia from China, Taiwan, South Korea, Belgium, Finland and Kazakhstan doubled to 388,068 tonnes in 2007 compared to 2006, according to the ministry. They accounted for 84.5% of total pre-painted imports in 2007, which stood at 459,073 t. Russian consumption of pre-painted steel increased by 42.3% in 2007 compared to 2006, it adds.