OREANDA-NEWS. November 17, 2010. The Russian government extends and increases the antidumping duties for the Ukrainian pipe-makers, that otherwise would expire in January 2011. Interpipe’s products can “enjoy” the preferential 19.4% duty on hot deformed and gas-oil pipe exports to Russia.

Millennium Capital: the news is NEGATIVE for the Ukrainian pipe producers like Interpipe and IUD’s DTRZ, that struggle for customers while nearby Russia is experiencing pipe-making boom. To worsen the situation, it is not clear whether the half-a-million ton quote for duty-free imports of Ukrainian pipes to Russia will also be stretched to the next year.  However, antidumping duties are neutral for Hartzysk Pipe, as these do not apply to large diameter pipes’ produce of this company.