The Eurasian Economic Commission decided to impose a 5-year 4.75% antidumping duty on steel wheels (for manufacture of railroad cars and trams) imports from Ukraine. The duty could be imposed in the early 2016.
In January-September Interpipe Steel produced 443 thousand tons of steel, down by 35.1% YoY.
The state administration of the railroad transport Ukrzaliznytsia has renewed purchases of rails from Azovstal Iron and Steel Works and wheel pairs from Interpipe.
In January-June Interpipe supplied around 18 thousand tons of pipes to Russia, down from 120 thousand tons in the first half of 2014.
In January-June Interpipe Steel produced 290 thousand tons of steel, down by 38.4% YoY.
Ukrainian metal companies have been suffering from scrap shortages for five months in a row.
In January-May major pipe companies of Ukraine produced 368.2 thousand tons of ferrous pipes, down by 40.1% YoY.
In January-April Interpipe Steel produced 179 thousand tons of steel, down by 37.8% YoY.