The US has abolished 25% of the import duties on Ukrainian steel.
Wednesday, May 11, 2022

The US has abolished 25% of the import duties on Ukrainian steel.

The US Department of Commerce has announced the suspension of 232 customs tariffs on Ukrainian steel for one year. Some of Ukraine’s largest steel companies were most affected by Putin’s barbarism, and the Mariupol steel plant (Azovstal) has become a symbol of Ukraine’s determination to resist Russian aggression. Many metallurgical plants in Ukraine continue to pay salaries, provide food, and even shelter for their workers during the ongoing hostilities. Some Ukrainian plants have even resumed production despite the fighting, the US Department of Commerce said. “creating export opportunities for these mills is essential to their ability to continue employing their workers and maintaining one of Ukraine’s most important industries.”

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