According to report, Russia has decided to decline the import duty of stainless steel pipe with outer diameter of 426 mm to 9.9% from 28.1%; while, it won’t be lower than US$1,500/ton.

The product’s custom codes that involved in this case are 7304 11 100 1, 7304 11 100 2, 7304 11 100 9, 7304 11 300 1, 7304 11 300 2, 7304 11 300 9, 7304 11 900 1, 7304 11 900 2, 7304 11 900 9, 7304 41 000 9, 7304 49 100 0, 7304 49 920 0, 7304 49 990 0, 7306 11 110 0, 7306 11 190 0, 7306 11 900 0, 7306 40 200 1, 7306 40 200 9 and 7306 40 800 9.

The new duty will become effective in one month after the announcement on December 16th, 2010.