“We believe we were selling at an economically justifiable level before the anti-dumping story kicked in,” the company’s head of strategy, Andrey Laptev, told Metal Bulletin on Thursday November 2 at Severstal’s Capital Markets Day in London.
“We would expect our sales to come back to this basic level,” he said.
The EC imposed fixed charges on October 6 this year
, in the range of €17.60-96.50 ($20.47-112.22) per tonne, as a definitive trade defense measure against HRC originating from Brazil, Iran, Russia and Ukraine, following a 15-month investigation.
Severstal’s charge was at the low end...