Severstal may redirect steel previously bound for U.S. to Middle East, Asia

13 April 2018

Russia’s Severstal may redirect steel which it was previously supplying to the United States to markets in the Middle East and Asia, its Chief Financial Officer Alexey Kulichenko told Reuters on the sidelines of a conference in Moscow.

Severstal, one of Russia’s leading steel producers, had stopped steel supplies to the U.S. before the country imposed duties of 25 percent on steel and 10 percent on aluminium on imports from several countries from March 23, he said.