JOHANNESBURG — South Africa on Saturday asked Russia not to impose anti-dumping duties on imports of nickel-alloyed flat-rolled stainless steel because it does not compete with Russian products.
Imports from South Africa do not "compete with any Russian products and therefore cannot cause any injury to producers," South African Trade Minister Rob Davies said in a statement released in Johannesburg on Saturday.
The two countries discussed trade and investment as South African President Jacob Zuma led a delegation of more than 50 politicians and businessmen to Russia last week.
The Industry and Trade Ministry on June 22 proposed introducing anti-dumping duties on stainless steel from China, South Korea, Brazil and South Africa after complaints from domestic producers Mechel and Russian Technologies.
The anti-dumping tariff, if imposed, could cost Africa's biggest economy $60 million annually for the next five years, Davies said.