Severstal hails EC decision to skip preliminary duties on Russian HRC

Russian steelmaker Severstal has hailed the European Commission (EC) decision to not apply preliminary anti-dumping duties to the country’s hot rolled coil (HRC).

“The duty decision is very positive for us. We can now ship to Europe [and] have higher margins [from the sales to the region compared to other destinations], and thus we can increase the profitability of our export sales,” Severstal’s chief economist Pavel Vorobyov told the Russian & CIS Metals and Mining...

Published

Nadia Popova

April 13, 2017

14:27 GMT

Moscow