Due to the necessity to import 80% of electricity, the prime cost of Centravis products will grow and the company will find it difficult to compete with others.
The technical development director of the company Olexander Gripas said that in summer the share of imported electricity could amount to 40% and in winter to 50%.
“In such a case we can compete on the world market with Asian and European manufacturers of seamless stainless pipes,” he said.
But with the import of 80% of electricity, Centravis will not have the reserve of balancing capacities and in case of electricity surplus will have to sell it at lower price.
“Thus, this initiative will become an additional financial burden for us. Even though we understand the reasons of the decision, we cannot support it,” he added. (Ukrainian metal)
