sanctions

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The Czech Republic wants to continue importing Russian slabs to the European Union

The country claims that they still cannot replace Russian supplies

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The Czech Republic is lobbying for continued import of Russian slabs into the EU

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

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Ukraine is ready to export up to 1.5 million tons of additional pig iron to the EU market

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

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EU is considering the introduction of restrictions on the import of Russian pig iron – mass media

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

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European Union imported 429.2 thousand tons of Russian iron and steel products in August

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

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How sanctions affect the import of Russian steel products to the EU

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

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NLMK Belgium lobbies extending quotas for the import of slabs from the Russian Federation for another 4 years

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

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Switzerland has added guidance on sanctions against Russian steel

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

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New EU sanctions against Russia could significantly affect British steelmakers

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

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UK will keep duties on HRC from China, Brazil, Iran and Russia until 2027

Government Decision Meets Local Trade Enforcement Authority (TRA) Guidelines

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Italy accounted for more than 50% of Russian pig iron exports in January-July

Italian metallurgists imported 3.8 million tons of pig iron from Russia in 7 months. Another 1.2 million tons of products were delivered to Turkey

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The European Union imported 486.7 ths t of Russian iron and steel products in April

The main share of imports falls on semi-finished products – 72.7% of the total supply

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