UKRAINE STEEL
December 1st, 2003
BY KEITH NUTHALLEUROPEAN Union (EU) ministers have frozen the 2004 EU market access allowed to Ukraine steel makers at this year's level, while negotiations continue to agree a comprehensive ferrous products trade deal. Sales have been hampered by the Ukraine's levying of a Euro 30 per tonne tax on ferrous scrap exports, which the European Commission has opposed, along with the Ukraine government's refusal to reimburse VAT to local ferrous scrap dealers. Ministers approved a Commission proposal to continue limiting imports of Ukraine coils (to 19,190 tonnes), ...
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