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    RUSSIA SUSPENDS ANTI-DUMPING TAXES ON UKRAINE'S GALVANISED ROLLING STOCK

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    MOSCOW, FEBRUARY 9, RIA NOVOSTI - Russian Prime Minister Mikhail Kasyanov signed Monday an Act suspending the validity of anti-dumping taxes on galvanised rolled stock from Ukraine. This decision is linked with an agreement regulating Ukrainian galvanised rolled metal deliveries to Russia, signed on January 23. This agreement provides for lifting anti-dumping taxes introduced last April for the protection of Russian producers.

    Under the January accords, the sales of Ukrainian rolled galvanised metal to Russia are not to exceed 10,000 tons a month and 110,000 tons a year. The sides have also agreed on the minimal price for this item of Ukraine's export: $510 per ton for rolled metal up to 0.5 mm thick, $480 for rolled metal up to 0.55 mm thick, $450 for rolled metal 0.6-07 mm thick and $420 for rolled metal 0.8 mm thick and more.

    In case the suppliers violations, the Russian side reserves the right to resume anti-dumping taxes to the tune of 24.3 percent of the commodity's customs value.

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