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Belarus - Latest news GMK Center

Photo – ICIT introduced final duties on bars from Belarus and Moldova
ICIT introduced final duties on bars from Belarus and Moldova

The initiator of the investigation was the ArcelorMittal Kryvyi Rih

Photo – The European Union plans to impose a new package of sanctions on Belarus
The European Union plans to impose a new package of sanctions on Belarus

Restrictions, in particular, will apply to oil, coal, steel products and gold

Photo – BMZ reoriented the export of steel products to alternative markets
BMZ reoriented the export of steel products to alternative markets

European sanctions forced the company to increase exports to the markets of the Russian Federation, Africa, CIS countries and Southeast Asia

Photo – The Belarusian Metallurgical Plant complains about the lack of railcars for the export of products
The Belarusian Metallurgical Plant complains about the lack of railcars for the export of products

The management of the plant says, that the main part of the Belarusian Railway's railcars is involved in military transportation for the Russian Federation

Photo – Fitch downgrades Belarus’ foreign currency rating to limited default
Fitch downgrades Belarus’ foreign currency rating to limited default

The rating was downgraded to 'RD' after the expiration of the grace period for coupon payments on Eurobonds in 2027

Photo – Orie Galvametal started designing a new galvanizing plant in Belarus
Orie Galvametal started designing a new galvanizing plant in Belarus

To launch a hot-dip galvanizing plant, they plan to purchase Iranian equipment

Photo – Britain announced a ban on the import of ore and steel from Belarus
Britain announced a ban on the import of ore and steel from Belarus

New package of sanctions includes a $73 million import and export ban on goods

Photo – EU approved the 5th package of anti-Russian sanctions
EU approved the 5th package of anti-Russian sanctions

A ban on the supply of coal, and trucking companies, except the supply of food, and humanitarian aid

Photo – Australia to impose 35% duty on products from Russia, Belarus
Australia to impose 35% duty on products from Russia, Belarus

The country ratching up economic sanctions in response to Russian invasion of Ukraine

Photo – Ukraine proposes EU to block transport connections with Russia, Belarus
Ukraine proposes EU to block transport connections with Russia, Belarus

Ministry of Infrastructure advices to block transition of goods, people, and provide customs services

Photo – Belarus reduced transit of metals across Ukraine by one third in 11M
Belarus reduced transit of metals across Ukraine by one third in 11M

In January–November, 399 thousand tons of metals were shipped through Berezhest border railway station towards Ukrainian ports and the borders

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