Group of companies Metinvest businessman Rinat Akhmetov assesses the supply of hot-rolled steel to alternative markets due to the imposition of duties on these products in the European Union. It is reported UAprom.
“But now we see that we cannot replace the entire volume of the European market, so do not rule out the reduction of production at our plants”, – noted in the company.
In addition, Metinvest expects that EU will offer Ukraine and anti-dumping duties will be replaced by a price agreement, the possibility of signing which provides for the Association Agreement.
Metinvest supplies to European markets 150-200 thousand tons of hot rolled coils per year.
As previously reported, on October 6, 2017, the European Commission decided on the introduction of a fixed anti-dumping duties on imports of hot rolled flat products from Brazil, Iran, Russia and Ukraine. Metinvest’s duty was 60.5 EUR/tonne.