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sanctions - Latest news GMK Center

Photo – US bans Russian ships from its ports
US bans Russian ships from its ports

Earlier, a similar decision was made in the European Union

Photo – Tata Steel stopped all business activities in Russia
Tata Steel stopped all business activities in Russia

Company's plants already use alternative sources of raw materials

Photo – UK bans import of Russian iron & steel
UK bans import of Russian iron & steel

The decision comes into force on April 14

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 – Severstal property worth $33 million arrested in Poland
Severstal property worth $33 million arrested in Poland

Severstal is the largest Russian company whose property was frozen in Poland due to sanctions

Photo – Steel prices in Europe surged due to sanctions expectation
Steel prices in Europe surged due to sanctions expectation

Market awaits reduction of rolled steel delivery from Russia due to new sanctions package rollout

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