Metinvest halts its HRC exports from Ukraine to EU due to AD duty

Friday, 15 December 2017 15:39:24 (GMT+3)   |   Istanbul

Ukrainian mining and steel producing group Metinvest has stopped hot rolled coil (HRC) exports from Ukraine to the EU after the imposition of a definitive antidumping (AD) duty of €60.5/mt on the company’s HRC exports to the EU, according to Ukrainian news agency UAprom.

According to the news agency, Roman Kurashev, Metinvest’s marketing director, pointed out that the company is now supplying HRC to the EU from its European plants and so Metinvest has not left the European market completely. Mr. Kurashev added that the company has redirected its Ukrainian HRC exports from the EU to North Africa, Turkey and Pakistan.

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