Posted on 07/20/2022 6:45:25 AM PDT by elpadre
The Interpipe Pipe and Wheel Holding sent a vessel loaded with pipes to the United States for the first time since the beginning of the war in July, it plans to send a second vessel in July.
Interpipe CEO Andrii Korotkov said this in an interview for Forbes, Ukrainian News Agency reports.
"At the beginning of the third 10 days of June, for the first time since the beginning of the war, Interpipe sent the first ship with pipes to the USA. I hope that on July 20 we will send the second one. Currently, the USA maintains a 23.75% anti-dumping duty on Ukrainian linear pipes and 27 .8% anti-dumping duty on Ukrainian OCTG products. However, the temporary removal of the 25% duty introduced under Donald Trump increases the economic feasibility of resuming pipe sales to the USA. The increase in oil production in North America has stimulated the rise in pipe prices. Therefore, even paying the anti-dumping duty, the sales efficiency of Interpipe on this market increased by 10%. However, in the May – June period, the increase in the price of pipe products in the US market slowed down," he said.
According to Korotkov, after February 24, Interpipe has not yet shipped steel blanks and railway wheels to the USA due to the increase in the cost of logistics, so far it is not economically feasible.
He added that the cancellation of duties and quotas on Ukrainian goods by the European Union slightly improved the company's sales figures, but the situation in Europe is different: pipe prices have not increased as much as in the USA.
(Excerpt) Read more at ukranews.com ...
excerpted:
“..As reported by Ukrainian News Agency, in May, the United States suspended for 1 year the 25% tariff on the import of all types of steel products from Ukraine...”
Oh, Danny boy!...................
Interesting.
It’s good that someone is still building pipes here.
I’m torn on the tarriffs. I would really like to see US industry built back. But given Ukraine’s situation, I’m happy to buy from them.
foreign countries dumping their highly subsidized aluminum and steel products on the US markets has had serious affects on those US industries and Trump did enact anti-dumping tariff’s.
Crack addicts are relieved
Zelinski knows all about laying pipe
Fellow American Worker, how do I screw thee, let me count the ways ...
Fellow American Small businessman, how do I screw thee, let me count the ways ...
Productive, Free Market, Competitive, American Corporation, how do I screw thee, let me count the ways ...
Fellow American Family, how do I screw thee, let me count the ways ...
American Exceptionalism, how do I screw thee, let me count the ways ...
Another Biden policy designed to hurt America.
Why the }{€££ are we buying pipe from anywhere !?!!!
This is AMERICA and we can make our own pipe.
Oh ! Wait I forgot about the commies in the district of corruption.
Yeah, DC IS full of Commies, (since about 1920), but we have a few right here on FR, too.
We can make our own damn pipe.
America 1st.
Ya and to think... Bonce upon a time that pipe woulda come out of Pennsylvania!!
No we cannot
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