Odesa Prosecutor’s Office handed over 2.5 ths t of Metaloinvest’s seized iron ore to ARMA

At the beginning of the year, the department seized the Russian company's raw materials, which were located at one of the railway stations in the region
The European Union imported 1.36 million tons of iron and steel products from Russia in January-March

The costs of importing Russian iron and steel products amounted to €662.11 million
The Mykolaiv Alumina Plant is preparing to resume work

Today, the company employs about 300 people
The UK introduced sanctions against Russian MMK and Severstal

Severstal also fell under the new sanctions of Australia
The SBI seized more than 500 tons of Russian steel billet in the port of Odesa region

The products entered the territory of Ukraine in March 2022 for the purpose of transit transportation

How sanctions affected the Russian steel market

In 2022, steel production in the Russian Federation decreased by 7.2%, and steel consumption – by 5%

Marcegaglia completed the acquisition of the Latvian SIA Severstal Distribution

The company gained control over the SIA SD service center in Riga and subsidiaries of SD Sp.zo.o. in Poland and SD LLC in Ukraine
The UK will require reporting on the origin of steel in government projects

State projects in the country in 2020-2021 used steel worth £640 million

ARMA prepares to sell iron ore seized in Ukraine

The Agency takes measures to transfer property for sale

The USA introduced sanctions against the Russian Metaloinvest

The subsidiaries of Metaloinvest Lebedynskyi and Mykhailivskyi Minings, OEMK and the Swiss Metalloinvest Trading came under the influence of Western sanctions

The EC approved the acquisition of Marcegaglia by Latvian Severstal Distribution SIA

SD SIA controls the service center in Riga and subsidiary companies SD Sp.zo.o. in Poland and SD OOO in Ukraine
Japan bans steel exports to the Russian Federation

The ban will come into effect on April 7, 2023

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