19 November 2012 17:10 [Source: ICIS news]
LONDON (ICIS)-European fertilizer producers are set to prepare a strong case for the renewal of an anti-dumping duty against Russian exporters of ammonium nitrate (AN), a source at Poland's Zaklady Azotowe Pulawy said on Monday.
The European Commission has given notice that the producers within the EU's 27-nation bloc must submit a request for a review, and possible subsequent renewal of the duty on solid fertilizer grade AN, no later than three months before its expiry, scheduled for 13 July in 2013.
“Such is the cheap gas advantage held by the Russian firms that it would a huge blow to European producers if the trade protection is not renewed,” said the source.
“We can compete technologically and on efficiencies, but not on gas,” he added.
In the third quarter of this year, gas feedstock accounted for 57.6% of ZAP's costs.
The Commission notice inviting representations for a review said “the request must contain sufficient evidence that the expiry of the measures would be likely to result in a continuation or recurrence of dumping and injury”.
If the anti-dumping duty is renewed, Russia now has the option of appealing to the World Trade Organisation (WTO), which it joined this year.
The existing duty is a five-year duty and was introduced in mid-2008.
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