European Commission approves the introduction of preliminary anti-dumping duties on birch plywood from Russia
The European Commission approved for 6 months the introduction of preliminary anti-dumping duties on birch plywood from Russia. Individual duties are set for four Russian manufacturers: 15.7% for Vyatsky FC (part of the Segezha Group) and the Russian subsidiary of the Finnish UPM-Kymmene, 15.3% for Zheshartsky FC, 15% for Syktyvkar Federal Law. For all other plywood suppliers from Russia, the anti-dumping duty will amount to 15.9%.
The decision on duty imposition was made based on the investigation initiated by the European Woodstock Consortium on behalf of some European plywood producers (primarily from Poland, Latvia and Lithuania). The complaint argued that prices for birch plywood imported from Russia were lowered for dumping purposes, thus injuring the European Union industry.
The provisional anti-dumping duties entered into force on June 14, 2021. The decision on whether to make them permanent will be made in H2 2021. Should it be decided so, the permanent measures will enter into force on 21 December 2021 and will last three years.