No More Steel From Russia

by Meifan Honcharuk
Monday, June 26, 2023
No More Steel From Russia

Manufacturing companies will be required to provide documents that steel and rolled steel for their production were not purchased in Russia

The 11th package of sanctions is fighting the global use of Russian steel. As an intensifying part of the embargo on steel from the aggressor country, the European Union obliged supplier companies, in addition to the standard list of documents, to present a document proving that steel raw materials or semi-finished products were purchased not in Russia. The new measures will come into force on 30 September this year.

Innovations relate to these groups of rusting and stainless steel products: hot-rolled and cold-rolled steel, transformer steel, galvanized steel, tinplate, stainless steel, rebar, wire rod and other long products, as well as types of welded and seamless pipes.

The 11th package of sanctions, aimed at strengthening and developing measures to exclude all ways of circumventing sanctions, entered into force on June 24.

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