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EU Nations Push for Prohibition on Russian Scrap Imports

The Czech Republic, Lithuania, Latvia, and Estonia have jointly proposed to the European Union to ban scrap imports from Russia to hinder the country from funding its war against Ukraine. This proposal includes banning imports of ferrous metals, copper, and aluminum waste. The EU's imports of these products from Russia mainly pass through Lithuania; however, Lithuania cannot independently restrict or ban Russian scrap imports due to regulations under the Basel Convention and the Waste Transport Regulation. Additionally, the EU has imposed sanctions against Russia, setting a quota for pig iron imports and extending the slab import quota period until the end of September as part of its 12th package of sanctions.

Ezz Steel Shares Jump Over 5% Following Delisting Announcement

SAIL and JCIL to Invest $692 Million in Electrical Steel Production

US HRC Exports Drop 34.2% in November

Cliffs Still Seeks US Steel, Pledges No Closures

SGJT Achieves Ultra-Thin Hot-Rolled Strip Production with Danieli QSP-DUE Technology

Egyptian-Qatari Alliance to Invest $100 Million in New Iron and Steel Factory

Qarmet Targets 3.7 Million MT Steel Production in 2025

Russia Ramps Up Stainless Steel Production in 2025

EU HRC Prices Rise Despite Low Demand

Turkey Exhausts Part of Its Steel Import Quotas to the EU for Q1

Ukrainian Steel Production Reaches 7.6 Million Tons in 2024

Trump's Wind Energy Ban Threatens U.S. Steel Plate Market and Renewable Growth

China Steel Maintains February Prices to Boost Confidence

Indonesia Extends Anti-Dumping Duties on HRC Coils