Ukraine’s steel makers worry that President Trump’s new 25% customs duties on imported steel will provoke copycat barriers

Tuesday, June 5, 2018
Ukraine’s steel makers worry that President Trump’s new 25% customs duties on imported steel will provoke copycat barriers

Ukraine’s steel makers worry that President Trump’s new 25% customs duties on imported steel will provoke copycat barriers in Ukraine’s two main markets: the EU and Turkey. The destination for half of Ukraine’s steel exports, Brussels and Ankara are studying their steel markets, Oleksandr Kalenkov, president of Ukrmetalurgprom, the producer association, tells Interfax-Ukraine. Referring to the June 1 start of the US tariffs, Sergey Lavrynenko, CEO of Stalkanat-Silur, tells the news agency: “This is, in essence, an explosion in the market, which will be difficult to predict.”

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
On Wednesday, after a six-year gap, Canada and Ukraine will again have direct flights.

On Wednesday, after a six-year gap, Canada and Ukraine will again have direct flights.

Next post
With a Rada vote due tomorrow on an anti-corruption court

With a Rada vote due tomorrow on an anti-corruption court

Previous Main Topics