February 22, 2025
Trump's decree on duties also applies to steel from Ukraine. Metallurgy is 57% of exports to the United States - Sviridenko thumbnail
Economy

Trump’s decree on duties also applies to steel from Ukraine. Metallurgy is 57% of exports to the United States – Sviridenko

“We are set up to work actively with partners to find the best solution by March 12””, – WRITE: www.radiosvoboda.org

The US decision from March 12 to impose a duty on steel from other countries, including Ukraine, will affect the metallurgical industry, reported February 11, the first viceremer-minister-Minister of Economy Yulia Sviridenko

She noted that exports of metallurgical products amounted to 57.9% in Ukrainian exports to the United States – 503.3 million from $ 869.1 million.

The largest export product is cast iron ($ 363.4 million, $ 940 thousand tons), pipes ($ 112.9 million, $ 92 thousand tons), bars ($ 15.2 million, $ 3.3 thousand tons), wire ($ 4 million , 3.9 thousand tons), metal structures ($ 1.3 million, 182 tones).

“The largest exporters of these products are ArcelorMitthal Kryvyi Rih and Interpipe. These companies were difficult to suffer from war, like all the metallurgies of the industry. Therefore, we are set to actively work with partners to find the best decision by March 12, ”the post reads.

Sviridenko noted that Trump himself said that the share of Ukrainian products in the import of steel in the United States is minimal and has no significant impact on US producers.

In May 2022, the United States established a duty -free regime for Ukrainian steel.

February 10 President of the United States Donald Trump signed the decrees on February 10 about the introduction of 25 percent duties to import of steel and aluminum Since March 12. They will affect goods from Argentina, Australia, Canada, Mexico, EU countries and the United Kingdom and other countries.

The largest importers of steel in the United States are Canada and Mexico.

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