The European Union on December 18 imposed antidumping duties on imports of Russian aluminum foil after an investigation showed the product was sold across the EU at below-market prices.
The EU's Official Journal said a definitive antidumping duty of 12.2 percent would be levied on aluminum foil brought into the EU from Russia that is made by the Rusal group, the world's largest aluminum producer.
Definitive antidumping duties normally last five years.
The Official Journal said the EU industry “suffered material injury, which was reflected most notably in the negative profitability.
The European Commission had already imposed provisional antidumping duties on Russian aluminum foil imports in July.
Rusal said in an emailed statement that it considers the decision "unfair and based on unjustified conclusions."
Based on reporting by Reuters and Official Journal