The Board of the Eurasian Economic Commission decided to impose an anti-dumping duty on cast aluminum wheels from Japan, Thailand, Türkiye and Malaysia.
The measure will apply to both new and used wheels 13 to 20 inches in diameter inclusive, with or without tires mounted on them. It will be valid for a period of five years. The duty is set at 9.38-42.82% of the customs value, depending on the country of origin.
The decision was made following the results of an anti-dumping investigation launched by the EEC's Internal Market Protection Department on March 1, 2023 at the request of the association Union of Producers, Suppliers and Consumers of Aluminum.
Following the investigation, some instances of dumping imports of goods originating from the said countries and material injury to an economic sector of the Eurasian Economic Union were established.
"The pricing policy of cast aluminum wheel manufacturers from the dumping countries resulted in our own companies being unable to increase the selling price of goods commensurate with the increase in their production costs in the face of their reduced domestic market share. As a result, their sales became disadvantageous, while the production became negatively profitable," explained Andrey Slepnev, EEC Minister in charge of Trade.The Decision shall come into effect after 30 calendar days have elapsed from the date of its official publication.