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Russia - Latest Articles GMK Center

Photo – MENA rebar producers are losing $50-70 million per month due to changes in global trade flows

News Global Market MENA

14 December 2022

MENA rebar producers are losing $50-70 million per month due to changes in global trade flows

Exporters from India, Turkiye and the Russian Federation are more active in the MENA market

Photo – The European Commission is considering sanctions against Russia’s mining industry

News Global Market sanctions

07 December 2022

The European Commission is considering sanctions against Russia’s mining industry

It is proposed to add a ban on new investments in the Russian mining sector to the ninth package of sanctions

Photo – The Russian Federation to extend the tariff quota for scrap exports until June 2023

News Global Market Russia

05 December 2022

The Russian Federation to extend the tariff quota for scrap exports until June 2023

The size of the quota can be reduced to 600 thousand tons from 1.45 million tons, which is valid until the end of 2022

Photo – Severstal lost more than $400 million due to the effect of Western sanctions

News Global Market Северсталь

01 December 2022

Severstal lost more than $400 million due to the effect of Western sanctions

Due to the loss of Western customers, seizure of property and account balances in Europe, the company's income decreased

Photo – India increased steel imports from the Russian Federation to a 4-year high in April-October 2022

News Global Market India

29 November 2022

India increased steel imports from the Russian Federation to a 4-year high in April-October 2022

In 7 months of 2022, Russian steel exports to India increased by 4.4 times y/y – up to 149 thousand tons

Photo – The export of Russian steel next year will remain at the level of 2022 — the forecast

News Global Market Russia

28 November 2022

The export of Russian steel next year will remain at the level of 2022 — the forecast

Steel production in the Russian Federation will decrease by 6–8% y/y in 2022

Photo – Sanctions against the Russian Federation have slightly reduced Russian steel exports

News Global Market Russia

16 November 2022

Sanctions against the Russian Federation have slightly reduced Russian steel exports

Russian enterprises redirected volumes to Asia and changed the sales portfolio

Photo – The EU is working on a scheme to block steel products from Russian slabs

News Global Market EU

14 November 2022

The EU is working on a scheme to block steel products from Russian slabs

The rolling market is undergoing significant changes under the conditions of European sanctions

Photo – All Russian Federation steel products should be subject to sanctions — Yulia Svyridenko

News Global Market Ministry of Economy

10 November 2022

All Russian Federation steel products should be subject to sanctions — Yulia Svyridenko

Ukraine is ready to replace the Russian Federation in the markets of iron ore and other products

Photo – The European Commission has extended anti-dumping duties on the CRC import from the Russian Federation and China

News Global Market European Union

04 November 2022

The European Commission has extended anti-dumping duties on the CRC import from the Russian Federation and China

Chinese suppliers will pay a duty of 19.7-22.1%, and Russian – 18.7-36.1% for another 5 years

Photo – What does the eighth package of sanctions mean for the steel industry of the EU and the Russian Federation

Posts Global Market sanctions

07 October 2022

What does the eighth package of sanctions mean for the steel industry of the EU and the Russian Federation

The European Commission expanded the list of restrictions, but postponed their entry into force until 2023-2024

Photo – The European Union agreed on the eighth package of sanctions against Russia for €7 billion

News Global Market sanctions

06 October 2022

The European Union agreed on the eighth package of sanctions against Russia for €7 billion

The new package of sanctions provides for restrictions on the import of finished products and semi-finished steel products from the Russian Federation, as well as restrictions on oil prices

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