The European fertilizer industry welcomes the decision, backed up by a 15 month European Commission investigation, to maintain the existing anti-dumping measures on ammonium nitrate.
The European Commission findings from the investigation which are fully explained in the Official Journal confirm that the Russian industry continues to conduct dumping and continues to represent a very significant threat of injury to the EU industry.
Factors justifying the continuation of the measures, for normally up to another 5 years, were the findings of a dumping rate at Euro 20/mt and the spare Russian AN capacity available for export amounting to over 1 million tonnes per annum. This compares with the total EU market of typically 6 million tonnes per annum .
The current measures which range from Euro 32/mt to Euro 47/mt anti-dumping duties and also include an undertaking accepted by the EU with JSC Acron do not prevent the Russian industry from continuing to make sales into the EU.
Russian imports into the EU were 200,000 mtpa in 2012/13 and 174,000 in 2013/14. Total imports into the EU are typically 500,000 tonnes per annum from a variety of sources.
Russia, by far, has been the most problematic of all exporters to EU. This is due in significant part to the structural gas problem in Russia whereby Russian state instructs OAO Gazprom to sell its gas at artificially low state fixed prices to Russian producers who then use this artificial gas advantage to conduct regular dumping campaigns.
Thus the EU industry welcomes the continuation of the measures as a defence against this regular and threatening dumping.