Metinvest has completely stopped deliveries of hot rolled coils to the EU market after the introduction of the fixed fee in the amount of 60,5 € /t. About this UApromсообщил marketing Director, Metinvest Roman Kurashev.
“We have almost no supply from Ukraine (the EU – ed.)”, he said.
At the same time, according to Kurasawa, Metinvest is not completely gone from the European market. “We are now shipped from our European plants,” – said a top Manager.
Answering the question, what answer was given by the European Commission on the proposal of Metinvest’s self-limitation of the amount and price of hot rolled coils, Kurashev reported that the proposal is still under consideration.
To mention, which markets Metinvest redirects the volume of the C/C coils, previously destined for European consumers, the marketing Director called, in particular, the countries of North Africa, Turkey and Pakistan.
“Now the Chinese producers are not export-routed where was the Chinese,” he said.
In addition, according to Kurasawa, European plants of Metinvest is currently loaded at 100%.
Previously, Metinvest is expected that the 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.
Recall, Metinvest supplied to European markets 150-200 thousand tons of hot rolled coils per year.
6 October 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.