TMK Appeals Against EU’s Antidumping Duties on Russian Pipes

OAO TMK (TMKS), Russia’s largest producer of steel pipes for the oil and gas industry, is appealing against import duties of as much as 27 percent levied on its shipments to the European Union.

In July, the European Commission prolonged the antidumping duties on Russian pipes through 2017, and TMK is preparing an appeal, the company said in its second-quarter report. Russia is set to join the World Trade Organization next week.

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

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