Steel producers from the U.S. want to renew the anti-dumping investigation against Russia.
American steel producers ask the U.S. authorities to cancel the existing agreement on the suspension of the antidumping investigation concerning the hot-rolled steel from Russia, the Reuters reported. According to the sources, the preparation of the appropriate agreement is in the process.
Note that in the first three months of the year the delivery of Russian hot-rolled steel, sheet products and high-quality carbon steel rose by 162% compared with the previous quarter. In July 1999, Russia in exchange for the suspension of the anti-dumping investigation on imports of hot-rolled steel into the United States agreed on a voluntary reduction of the supply of this type of product. At the same time the minimum selling prices were introduced, which were corrected in the subsequent years.