Google+
Рейтинг@Mail.ru
Pravda.ru

News » Economics

Agreement Signed between Russian Metallurgists and US Ministry of Trade - 24 September, 2002 - News

24.09.2002 | Source:

Pravda.Ru

 

The directors of three leading Russian metallurgical enterprises - Severstal, Novolipetsky Metallurgical Factory and Magnitorsk Metallurgical Factory have signed an agreement on the self-regulation of the supply of hard-rolled metal on the American market with the US Ministry of Trade in Washington. According to the press department of Severstal the agreement establishes a minimum price on the export of Russian metal-roll to the USA.

According to Dmitrii Goroshkov, Marketing Director for Severstal, the self-regulation agreement is the first document to be signed since the USA's recognition of the market status of the Russian economy. He believes that this has set a precedent not only for metallurgy but for the whole Russian economy. In his opinion, this agreement will allow Russian metallurgy to retain its share of the American market. "The only disadvantage is the fact that the supply of metal-roll will only begin again in the second quarter of 2003", said Dmitrii Goroshkov.

© &to=http://www.rosbalt.com' target=_blank>RosBalt

 
| More
1149

Popular photos

Most popular

It's official: Canada has been assimilated
It's official: Canada has been assimilated
Canada has been assimilated by its bed-partner, the USA, joining a list of three hated and isolated pariahs in the international community which voted against a UN Resolution to combat the...
Russia prepares nuclear surprise for NATO
Russia prepares nuclear surprise for NATO
On September 1, 2014 the US State Department published a report, in which it was stated that for first time since the collapse of the USSR, Russia reached parity with the US in the field of strategic...
Система Orphus