BO Types Filter
15.01.2025
Professional Supplier Prime Quality 201 304 304L 316 316L 310S 321 430 409L 904L 2205 2507 Stainless Steel Sheets Plates Price
14.01.2025
high quality Hot Dipped Galvanised Steel Coils / Galvanized Steel Sheet / GI Coil SGCC
13.01.2025
High quality ASTM A240 SS 0.5mm Sheet 304 201 430 Cold Rolled Stainless Steel Plate
10.01.2025
high quality Hot Dipped Galvanised Steel Coils / Galvanized Steel Sheet / GI Coil SGCC
09.01.2025
High quality ASTM A240 SS 0.5mm Sheet 304 201 430 Cold Rolled Stainless Steel Plate
08.01.2025
Prime Quality Customized 201 304 304L 316 316L 430 310s Stainless Steel Welded Pipes Tubes Price
07.01.2025
hot rolled u section carbon steel U beams U channel structural steel for construction
06.01.2025
China Factory A53 Sch10 Hot-dip Galvanized Steel Pipe Carbon welded Round Steel tube Structure Building
03.01.2025
Stainless Steel Sheet Fast Delivery 304 306 316 2b Ba No. 4 HI Surface
02.01.2025
High quality factory price hot rolled a106b a53b steel pipe boiler pipe carbon steel tube seamless pipes
Steel & Metal
- United States -

US Imposes New Sanctions on Russian Metals and Mining Companies

Washington, DC – The United States has imposed additional sanctions on Russian metals and mining companies, targeting entities that support the country's war efforts in Ukraine. The Treasury and State departments announced a wide-ranging set of actions against approximately 400 companies and individuals involved in providing products and services that enable Russia to sustain its military operations and evade existing sanctions.

Among the new targets are several Russian-domiciled Evraz affiliates and PAO Magnitogorskiy Metallurgicheskiy Kombinat (MMK), the nation's largest steelmaker. Additionally, the sanctions extend to iron ore and coking coal providers.

In a statement, the Treasury Department emphasized its commitment to reducing Russia's revenues from metals, noting that the new sanctions target entities involved in the country's metals and mining sector, including steel, iron, and coal mining firms, as well as auxiliary companies that provide specialized services.

The announcement coincides with Ukrainian Independence Day and builds upon previous sanctions imposed on Russian metals and mining companies by the US and UK, including Mechel, TMK, and OMK.

The Evraz sites specifically mentioned in the sanctions list include AO Evraz Kachkanarski Gorno Obogatitelny Kombinat, AO Evraz Nizhnetagilski Metallurgicheski Kombinat (NTMK), AO Evraz Obedinenny Zapadno Sibirski Metallurgicheski Kombinat, AO Evraz Vanadi Tula, and AO Evraz Market.

Other metals and mining companies affected by the sanctions include AO Obyedinennaya Ugolnaya Kompaniya Yuzhkuzbassugol, GRK Bystrinskoe, OOO Raspadskaya Ugolnaya, OOO Shakhta Alardinskaya, OOO Shakhta Esaulskaya, and PAO Raspadskaya.

Furthermore, several Russian companies that provide support to the metals and mining industry, ranging from construction and financial services to engineering and freight transport, have also been sanctioned. Italian and Turkish machine tool manufacturers are also included in the targets.

Bulgarian Steelmakers Persist Despite High Electricity Costs

ArcelorMittal Raises Prices for Long Products in Europe by €25/t

Ukrainian Steel Industry Peaked in 2024: What's Next?

EU HRC Quotas Exhausted by Key Asian Suppliers

British Steel Considers Constructing Two Electric Arc Furnaces at Scunthorpe

Feralpi Stahl to Resume Production After Maintenance

French Long Steel Prices Remain Flat Amidst Lack of Momentum

Italian Long Steel Prices Remain Flat Amidst Quiet Market

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