Stainless Rolled Products Import Duty May Increase up to €1200-1300 per Ton

According to A. Dementyev, the duty rate should be increased due to its being adopted 3 years ago and concerned supplies from Western Europe, yet over this period the prices grew 2-3 times. As far as supplies from China are concerned, the investigation is supposed to be initiated in January. According to A. Dementyev, decrease in supplies which was caused by the adoption of €840/ton import duty was compensated by supplies from South-East Asia. Poor supply from China, explained Mr. A. Dementyev, was largely due to Russia considered China as a country with a developing economy and in fact supported it.