Metinvest reports on difficulties working on the Customs Union market due to the cancellation of zero duties on Ukrainian metal products.
“Even where there is no antidumping duties we have to pay 5% import duties. This makes it harder to work, but still we have a strong distribution trade company in Russia and Belarus. We continue selling through it and this is our key market”, said the group CEO Yuri Ryzhenkov.
The company also supplies semis to USA and South-Eastern Asia. (Ukrainian metal)