10 December 2018

US steel duties have positive impact on American division of Evraz

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

Introduction of duties on imports of steel in the US had a positive impact on the economy of the American division of Evraz against the backdrop of rising prices for finished products, Evraz CEO Alexander Frolov said during a conference call on Thursday.

"The situation with our assets in the US is complicated, because they are not easily analyzed. One of them is in Pueblo, and tariffs worked out for it in a positive way, the prices have grown, the demand has increased. It was a bit worse for the asset in Portland, which receives slabs from Nizhny Tagil. We are paying imports duty, but at the same time prices for finished products have grown, and margin has increased as a result," he said.

2018.08.09 / 15:48
See also

Russia opens helicopter repair center in Peru

Oil surrenders some of its OPEC gains stock markets soften

Trump's top choice for chief of staff not taking job

Pashinyan 'seizes' parliament

US citizens urged not to visit Iraq

Netanyahu announces Oman

Claims of Moscow's alleged meddling in "Yellow Vests"

Iraq marks anniversary of victory over ISIS

India test-fires its longest range nuclear

Israel joins anti-illegal funding body FATF

Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla