Ukraine has extended its restrictions on steel seamless and compressor pipe imports until September 2016, the press service of the Ministry of Economic Development and Trade has said in a statement, referring to a decision by the Interdepartmental Commission on International Trade.
According to the statement, along with a reduction in import prices for pipes in Ukraine, there is a downward tendency in sales prices of local pipe producers in the domestic market, as well as a decline in sales of locally manufactured products, a reduction in production volumes and declining capacity utilization, which translates into reductions in employment, capital productivity and liquidity indicators.
Thus, the decision of the Interdepartmental Commission is aimed at protecting domestic producers, the ministry said.
The biggest quotas for steel pipes imports to Ukraine for the period until September 2016 were provided to Russia (20,700 tons) and Austria (4,200 tons). (https://www.unian.info/economics/1065001-ukraine-extends-restrictions-on-steel-pipe-imports-until-september-2016.html/Ukrainian metal)
