From 30th September, there are sanctions on Russia-originating iron and steel, and articles of the same, in the UK and EU. Read about how this affects you in this article. Which commodities are affected by the sanctions on Russian iron and steel? The two main HS tariff chapters that are ...
Importers of iron and steel goods into the European Union will have to prove that the material they have used isn't sourced from Russia, the EU said June 23, as part of the 11th package of sanctions against Moscow. The bloc first banned the import of key iron and steel products from ...
the government has decided to remove the licensing consideration which relates to the provision of such services from UK parent companies and their UK subsidiaries to their Russian subsidiaries.
Energy-related measures targeting LNG, including prohibitions on providing goods, technology or services to LNG projects under construction in Russia; the transshipment of Russian LNG through EU ports; and the import of Russian LNG into specific terminals which are not connected to the EU gas pipeli...
The guidance has a new section on investments in Russia on page 5 to 6. It also updates the FAQs section on page 8 to 11 to reflect the Russia financial sanctions that have come into force since the Russian invasion of Ukraine.
As many may not know, certain EU sanctions on Russia and Belarus have already been in force since 2014 (Russia) and 2006 (Belarus). When imposing new sanctions in the context of the ongoing Ukrainian-Russian crisis, the EU amended and extended the existing legal framework in sev...
But US steel buyers have no incentive to import from Russia due to: • The dramatic drop in US steel prices in recent months • Weakening demand in the US and globally • Higher duties on Russian slab • Plenty of alternative sources of supply ...
Title: UK sanctions four Russian steel and petrochemical tycoons, Summary: The UK has sanctioned four Russian steel and petrochemical tycoons as part of the government’s measures taken against Moscow over the war in Ukraine. They include o
The US announced new restrictions on trading in Russian aluminum, copper and nickel in a fresh bid to curb Russian President Vladimir Putin’s ability to fund his war machine, a move that risks rattling global metals markets. The rules, which restrict the use of metals on global exchanges and...
In order to protect the EU gas supply, the Council also imposes a ban on Russian nationals and entities booking gas storage capacity in the EU, excluding LNG. In addition to economic sanctions, the EU also added around 121 individuals and entities to the sanction list, who were complicit in...