OREANDA-NEWS. On November 08, 2007 a revised anti-dumping fee of 9,7% on exports into Europe for steel ropes and cables produced by JSC “Severstal –metiz” was confirmed in a press release by the European Commission, reported the press-centre of Severstal–metiz.

The decision came into effect on the 1st of November, 2007. This document approved the new amount of the antidumping fee on the ropes of "Severstal-metiz" imported into 27 countries of the European Union. The fee was 36,1% prior to the revision.
 
“The decision of the European Commission is an additional acknowledgement of the fact that "Severstal-metiz” is considered today as a European manufacturer, - said Olga Naumova, the CEO of the company. Our customers in Europe will certainly receive a benefit from the fee review. Our strategy is to further develop rope sales into Europe. This will be reflected in our pricing strategy whilst taking the revised anti-dumping fee into account.