sanctions - Latest news GMK Center

The main share of imports falls on semi-finished products – 82.2% of the total volume of deliveries

Continued supplies from Russia create imbalances in the European market and damage local producers

The justification for the lack of cost-effective alternatives is not entirely true

The proposal was submitted by Lithuania, the Czech Republic, Latvia and Estonia

The main share of imports is semi-finished products – 78.5% of the total volume of deliveries

In particular, the two largest producers of aluminum in the Russian Federation have come under sanctions

Late last week, the United States announced an update to the Russian corporate segment of the SDN List

Industrial consumers of the EU oppose this step

At the same time, the package retains loopholes in the form of transition periods and extensions of the import ban

The main share of imports falls on semi-finished products – 89.7% of the total volume of deliveries

In particular, the decision is condemned by the steel company Metinvest and the European steel association EUROFER

The association believes that this decision weakens sanctions and contradicts the EU's climate goals