quinta-feira, 2 de junho de 2016

RUSSIA'S STEELMAKERS COMPLAIN OF BULLYING BY EUROPEAN OFFICIALS

Two of Russia's largest steelmakers NLMK and Severstal have made formal complaints against two EU officials, alleging bullying during an EU investigation into whether China and Russia exported steel at unfairly low prices.
Tensions between Russia and Brussels have been high since Moscow's seizure of Ukraine's Crimea region in March 2014 that led to economic sanctions.
Ties have been further soured by an anti-dumping investigation into cold-rolled flat steel products following complaints from European producers that they face unfair competition from Russian and also Chinese rivals.

The Commission has imposed provisional anti-dumping duties on a number of Russian and Chinese companies - including for NLMK at the highest rate of 26.2 percent and Severstal at 25.4 percent. These were enforced even though the investigation is only set to close by August.

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