The Secretary of State for Business and Trade has accepted the Trade Remedies Authority’s final recommendation to maintain an existing anti-dumping measure on imports of ammonium nitrate from Russia.
Ammonium nitrate is used in agriculture as a fertiliser and for industrial purposes in mining.
The TRA’s investigation found that both dumping and injury to the UK production industry, which employs some 500 people, would likely recur if the measure was removed, and that maintaining the measure was in the wider economic interest of the UK.
The TRA’s final recommendation was therefore to maintain the existing anti-dumping duties for a further five years at current levels, ranging from £24.085 to £27.374 per tonne.
Background information:
- The Trade Remedies Authority is the UK’s independent body which investigates whether trade remedy measures are needed to counter unfair import practices.
- This final determination follows the publication of a Statement of Essential Facts and a stakeholder consultation period.
- The TRA considers a range of evidence, including economic impact, before making a recommendation to the Secretary of State.