Metinvest Group can increase exports of metal products to the USA after the latter’s decision to temporarily cancel the 25% duty on steel.
Still, there are trade limitations in the USA on almost all rolled metal produced in Ukraine (hot-rolled coils, plates, rods, welded pipes, seamless pipes, rebars, wire rod and wire).
“That is why the cancellation of the duty will have a limited effect on Ukrainian sales. Yet, for the group the decision was a very important step in supporting Ukrainian industry,” Metinvest said. (Ukrainian metal)