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

Photo – A new round of EU sanctions may affect Turkish steelmakers
A new round of EU sanctions may affect Turkish steelmakers

Most of the Turkish HRC producers rely on slabs of Russian origin

Photo – EU tightens restrictions on steel imports as part of sanctions
EU tightens restrictions on steel imports as part of sanctions

Companies will need to prove that the materials used for processing in a third country do not originate in the Russian Federation

Photo – Odesa Prosecutor’s Office handed over 2.5 ths t of Metaloinvest’s seized iron ore to ARMA
Odesa Prosecutor’s Office handed over 2.5 ths t of Metaloinvest’s seized iron ore to ARMA

At the beginning of the year, the department seized the Russian company's raw materials, which were located at one of the railway stations in the region

Photo – The European Union imported 1.36 million tons of iron and steel products from Russia in January-March
The European Union imported 1.36 million tons of iron and steel products from Russia in January-March

The costs of importing Russian iron and steel products amounted to €662.11 million

Photo – The UK introduced sanctions against Russian MMK and Severstal
The UK introduced sanctions against Russian MMK and Severstal

Severstal also fell under the new sanctions of Australia

Photo – The SBI seized more than 500 tons of Russian steel billet in the port of Odesa region
The SBI seized more than 500 tons of Russian steel billet in the port of Odesa region

The products entered the territory of Ukraine in March 2022 for the purpose of transit transportation

Photo – How sanctions affected the Russian steel market
How sanctions affected the Russian steel market

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

Photo – Marcegaglia completed the acquisition of the Latvian SIA Severstal Distribution
Marcegaglia completed the acquisition of the Latvian SIA Severstal Distribution

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

Photo – The UK will require reporting on the origin of steel in government projects
The UK will require reporting on the origin of steel in government projects

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

Photo – ARMA prepares to sell iron ore seized in Ukraine
ARMA prepares to sell iron ore seized in Ukraine

The Agency takes measures to transfer property for sale

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