RUSSIA/ROMANIA
July 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Union (EU) Council of Ministers has suspended anti-dumping duties imposed since 1997 on certain seamless pipes and tubes of iron or non-alloy steel from Russia and Romania because of concerns they were based on corrupted data. The move was pushed by the European Commission which fears the calculations on which it based the duties could have been unreliable, because the 1990s market for these products was distorted by two cartels: an EU-Japan and a purely European network discovered in 1999. Ministers agreed to continue existing sunset ...
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