Steelmakers Boost Capacity, Seek Help to Fight Imports | Business | The Moscow Times:
"Russian steelmakers are lobbying for protection against cheap Ukrainian imports while they invest at least $2 billion in new capacity near their customers to cut transport costs and sew up their home market.
In what steelmakers hope will be the first of a series of protective measures, Prime Minister Dmitry Medvedev announced this week that Russia would not extend quotas for pipe supplies from Ukraine in the second half of 2013, a boost for domestic steel pipe makers.
In steel section and rebar, two major types of construction steel, for example, imports from Ukraine account for about a quarter of an annual market estimated at 12 million to 12.5 million tons, Sergei Donskoi, an analyst at Societe Generale, estimated."
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