Statement by Interpipe Regarding the Biden Administration’s Suspension of Section 232 Tariffs on Imports of Ukrainian Steel
Today, on May 9, 2022, President Joseph R. Biden’s Administration announced that the United States of America will be temporarily suspending 232 tariffs on Ukrainian steel for one year. Ukraine’s steel industry is uniquely important to the country’s economic strength, employing 1 in 13 Ukrainians with good-paying jobs.
“Interpipe’s products directly support the U.S. energy sector and, as one of Ukraine’s largest producers, we look forward to being able to supply our customers again shortly.” Hraibi added: “In addition to the Administration, we are also grateful to Senators Feinstein, Toomey, and other Members of Congress for their leadership on this issue.”
About the company:
Interpipe is global producer of steel pipes and railway products based in Ukraine. Interpipe employs approximately 10,000 people at its facilities in Dnipro, Nikopol and Novomoskovsk in Ukraine, many of whom are now fighting on the front lines.
The company’s products are marketed in more than 80 countries all around the world via the network of sales offices located in key markets of Ukraine, Europe, North America and the Middle East. In 2021, Interpipe supplied 602 kt of pipes and 174 kt of railway products. Interpipe directly supplies the U.S. energy sector with imports of seamless pipe.
Place your ads on webportal and in Railway Supply magazine. Detailed information is in Railway Supply media kit