Belarus, that has previously blocked duties on ferrosiliomanganese imported from Ukraine to the Eurasian Economic Union, has now agreed to impose a protective measure in exchange for the 20% discount from ChEMK (Chelyabinsk Electrometallurgical Works).
In June the EEC imposed a 5-year duty of 26.35% on Ukrainian ferrosiliomanganese (Ukraine supplied $200 million worth of ferrosiliomanganese in 2014), but postponed it after.
Belarus was against the duty at that time fearing the shortages and the price increase.
Last week Belarus agreed to impose the duty.
According to the sources the major Russian ferroalloy producer ChEMK agreed to provide the Belarusian Iron and Steel Works (BMZ) with 20% discount on its ferrosiliomanganese. (Ukrainian metal)
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