After thorough investigation, the UK Trade Remedies Authority (TRA) has confirmed that lubricants imported from Lithuania and the UAE are being sold at unfairly low prices, constituting illegal dumping. This practice has been harming domestic producers, undercutting prices by an average of 37%.
Read moreIndustry News
Items tagged: Product Dumping
-
-
Aztec Oils Ltd – Trade remedies authority application accepted
UK-based lubricant manufacturing company, Aztec Oils, has announced that their application for an investigation into the dumping of lubricants on the UK market has been accepted by the Trade Remedies Authority (TRA), a British government agency that exists to defend the UK against unfair international trade practices. Since the start of the Russian invasion of Ukraine in February 2022, Aztec Oils identified significant and increasing quantities of lubricants originating from the UAE and Lithuania sold at prices well below both manufacturing and import costs.
Read more
