The Wolfson Centre for Bulk Solids Handling Technology Port of StocktonSailors SocietyViganVan AalstPort of South Louisiana
  • Van Aalst
  • Telestack
  • Port of South Louisiana
  • Port of Stockton
  • TBA Group
  • The Wolfson Centre for Bulk Solids Handling Technology

Fertilizers Europe welcomes Commission’s Russia report

Fertilizers Europe welcomes Commission’s Russia report

(Posted on 06/11/20)

European Fertilizer industry welcomes the Commission report providing fact-based evidence on significant government-induced distortions in the economy of Russia. The industry, which for many years grapples with a threat of injurious dumping, welcomes the fact the EU is now equipped with an additional instrument in the toolbox to address unfair trade. In an ever intense global and EU fertilizer market situation where the EU industry is regularly subjected to unfair dumping and subsidy campaigns on the EU Single Market, Fertilizers Europe welcomes the publication of the European Commission’s report on “significant distortions in the economy of the Russian Federation for the purposes of trade defence investigations”. The report provides precise references on the key Russian state legislations which in turn often lead to unfair non market advantages to the local Russian industry. With regard to nitrogen fertilizers where natural gas represents typically 60 to 80% of production costs, the Russian state’s regular annual artificially low fixing of gas costs to Russian industry is a profound distortion encouraging regular dumping campaigns to the EU – and indeed to world. “The profound “structural dumping” arising from the Russian gas market situation is especially damaging and should be corrected with the EU’s full armoury of trade and competition policies” proclaims Jacob Hansen, Director General of Fertilizers Europe. He added “We are pleased that the European Commission has already applied for fertilizers from Russia the new trade defence modernisation rules and the removal of the lesser duty rule in the case of UAN solutions from Russia. Now with this report comprehensively and precisely explaining the character and play of the state fixed gas prices we can expect even stronger EU corrective action”. The new EC report also covers macro-economic, sectoral, banking and finance state intervention factors which can be helpful when producing EU trade defence complaints. Indeed, the report succeeds to making clearer the real on the ground situation in Russia which is often opaque and full of grey measure arrangements. The fertilizer sub-chapter in the report is rather limited especially when compared with the very meaningful natural gas chapter. Fertilizers Europe will nonetheless endeavour to improve upon the base provided.

Fertilizers Europe represents the majority of fertilizer producers in Europe and is recognized as the dedicated industry source of information on mineral fertilizers.

Latest News

Cargill acquires Owensboro Grain Company

(Posted on 05/12/22)

Cargill and Owensboro Grain Company, a fifth-generation family-owned soybean processing facility and... Read more


Rio Tinto to strengthen, decarbonise and grow

(Posted on 01/12/22)

Rio Tinto is providing an update at its Investor Seminar on progress against its long-term strategy... Read more


BioIron proves successful for low-carbon iron-making

(Posted on 29/11/22)

Rio Tinto has proven the effectiveness of its low-carbon iron-making process using ores from its mines... Read more


Rio Tinto, BHP and Fortescue to create safer workplaces

(Posted on 19/11/22)

Rio Tinto, BHP and Fortescue are launching an innovative pilot programme aimed at helping to eliminate... Read more


AJ Steel agreement with KEZAD to expand in Abu Dhabi

(Posted on 19/11/22)

Leading UAE steel pipe manufacturer and exporter, AJ Steel, has signed an agreement with the integrated... Read more


EU fertilizer industry calls for more comprehensive long-term strategy

(Posted on 13/11/22)

Fertilizers Europe has welcomed the recognition of the European Commission that urgent and targeted... Read more


NGFA urge US Congress to prevent rail shutdown

(Posted on 09/11/22)

The National Grain and Feed Association (NGFA) in the USA and 192 other members of the Agricultural... Read more


BHP and Rio Tinto to collaborate on new tailings technology

(Posted on 02/11/22)

Global miners BHP and Rio Tinto have formed a partnership agreement to accelerate the development of... Read more


Trafigura signs German guaranteed US$800m loan agreement

(Posted on 26/10/22)

Trafigura, a market leader in the global commodities industry, has entered into a USD800 million five... Read more


Blastr and Cargill Metals MOU for supply of green steel

(Posted on 26/10/22)

Cargill’s metals business and Blastr Green Steel AS, a developer of decarbonized steel supply,... Read more


Bühler GmbHTBA GroupTOC EventsTelestackCleveland Cascades LtdCimbria
  • Vigan
  • Bühler GmbH
  • Sailors Society
  • Cimbria

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping