sanctions

In November, Ukrmetalurgprom became an associated member of EUROFER, which will allow it to work with the EU steel community

Further prolongation and weakening of sanctions risks becoming a historical mistake, the association believes

The country claims that they still cannot replace Russian supplies

The country is pushing for continued supplies of Russian products despite the 8th package of sanctions

Ukrainian suppliers are ready to replace the products of Russian producers on the EU market in case of sanctions on pig iron and steel from the Russian Federation

In January-September 2023, EU increased the import of pig iron from the Russian Federation by 40% y/y

The main share of imports is semi-finished products – 71.2% of the total volume of supplies

European producers continue to buy products from the Russian steel industry, since the current sanctions do not ban imports completely

Imports of Russian-origin slabs to the EU will be stopped from October 2024, according to the eighth package of sanctions

The country clarified which documents will be considered as proof of the country of origin

The restrictions will require evidence that the raw materials used to produce the final product do not come from the Russian Federation

Government Decision Meets Local Trade Enforcement Authority (TRA) Guidelines