Ukraine’s Metinvest to keep on selling HRC to EU despite duties, ceo says

Metinvest, Ukraine's largest steelmaker, is “highly likely” to continue supplying hot rolled coil (HRC) to the European Union (EU) despite the recent introduction of fixed import charges.

The company will also consider redirecting volumes of HRC to other regions, or sell more value-added flat steel products to Europe and elsewhere, Metinvest ceo Yuriy Ryzhenkov told Metal Bulletin on Wednesday October 11. The European Commission (EC) said on Friday that it was imposing a €60.50 ($71) per tonne definitive trade defence measure on HRC imported from Ukraine, Russia, Brazil and Iran for the next five years.  “With respect to the current [market] price, we are highly likely...

Published

Marina Shulga

October 11, 2017

17:34 GMT

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