sanctions - Latest news GMK Center

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

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

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

The Agency takes measures to transfer property for sale

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

SD SIA controls the service center in Riga and subsidiary companies SD Sp.zo.o. in Poland and SD OOO in Ukraine

The ban will come into effect on April 7, 2023

The assets of the enterprise were confiscated from the Russian oligarch Oleg Deripaska at the beginning of a full-scale invasion of the Russian Federation

Suppliers from the Russian Federation have to compete with Asian imports

Due to the war, Europe lost about 20 million tons of steel from Ukraine

In 2021, the country imported $213 million worth of Russian steel products

Currently, there are only 400 tons of aluminum alloy in the American warehouses of the exchange