The Eurasian Economic Commission (EAEC) has decided to extend anti-dumping (AD) duties on a number of seamless steel pipes imported into the Eurasian Union (EAEU) originating from China until 2026, the commission informed in a statement.
The anti-dumping duties range between 12.23pc and 31pc, depending on the manufacturer.
The seamless steel pipes are used for drilling and operating oil and gas wells (OCTG).
The anti-dumping duty was imposed on September 23, 2015, and was about to expire on May 12, 2021. Now, it has been extended till 2026.
The products involved in the anti-dumping measure fall under customs codes 7304 22,000 1, 7304 22,000 2, 7304 22,000 9, 7304 23,000 1, 7304 23,000 2, 7304 23,000 9, 7304 24,000 1, 7304 24,000 2, 7304 24,000 3, 7304 24,000 4, 7304 24 000 5, 7304 24 000 6, 7304 24 000 9, 7304 29 100 1, 7304 29 100 2, 7304 29 100 3, 7304 29 100 9, 7304 29 300 1, 7304 29 300 2, 7304 29 300 3, 7304 29 300 4, 7304 29 300 9, 7304 29 900 1, and 7304 29 900 9.
The Eurasian Economic Union includes Armenia, Belarus, Kazakhstan, Kyrgyz Republic, and the Russian Federation.