Published
01/15/2025, 10:23The Board of the Eurasian Economic Commission has decided to impose an anti-dumping duty on cast aluminum wheel rims from Japan, Thailand, Turkey and Malaysia.
The measure will apply to both new and used rims with a diameter of 13 to 20 inches inclusive, complete or not complete with a tire. It will have a validity period of five years. The duty is set at 9.38-42.82% of the customs value, depending on the country of production.
The decision was made following the results of the anti-dumping investigation launched by the EEC Department of Internal Market Protection on March 1, 2023 at the request of the association “Union of Aluminum Producers, Suppliers and Consumers”. Its results established the existence of dumping imports of goods originating from the named countries and material damage to the sector of the EAEU economy.
“The price policy of cast aluminum wheel rims producers from dumping countries led to the fact that our own companies in the conditions of loss of share in the domestic market could not increase the selling price of goods commensurate with the growth of its cost price. As a result, their sales became unprofitable and the profitability of production became negative,” explained Andrei Slepnev, EEC Minister for Trade.