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Ukraine has estimated the losses from duties on U.S. steel

В Украине подсчитали потери от пошлин США на стальUnder the risks gets more than half of total exports of Ukrainian steel to more than $ 5 billion.

Metallurgists of Ukraine are seriously concerned about the changing situation on world markets of metal products in connection with the introduction of the USA of the barrier 25% of the total import duties on steel. This was announced by the President of the Association Ukrmetallurgprom Alexander Kalenkov.

It is noted that this decision was expected, but it carries significant risks for Ukrainian steel products, especially in the context of duties in relation to the EU.

“If the U.S. shipments of steel from Ukraine amount to 1.3% in the EU – more than 30%. Moreover, a few weeks ago Turkey also announced protective investigation after the introduction of protective measures, the United States,” stated Kalenkov.

The head of the Association noted that the EU and Turkey are a priority for the supply of Ukrainian steel products.

“Under risks and protective measures the EU and Turkey gets more than half of total exports of Ukrainian steel products by more than $5 billion,” – said Kalenkov.

However, the Director General of Stalkanat-Silur Sergey Lavrinenko Agency comments expressed significant concern about the situation in the steel market in the EU, which will also affect Ukrainian metpredprijatija.

“In the EU market, many are. And duties of the United States will affect us and our steelmakers – ArcelorMittal, Metinvest all providers,” says the CEO.

“It is, in fact, the explosion in the market. What will happen – hard to imagine,” said a top Manager.

The press service of the largest in Ukraine Krivoy Rog mining and metallurgical combine ArcelorMittal Krivoy Rog declined to comment. There were no reports of Metinvest group.

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