EU country urging Brussels to lift ban on Russian steel ...News

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EU country urging Brussels to lift ban on Russian steel
source : Russia Today ( News ) () 47
Czech industries “cannot do” without supplies from the sanctioned country, Prague’s trade minister says The Czech Republic has asked the European Union to exempt Russian steel exports from sanctions as the country cannot find a replacement, Euroactiv reported on Tuesday. Currently, the EU country is importing discounted thick sheet steel from Russia’s metals giant, Novolipetsk Metallurgical Plant. The existing contract, however, expires at the end of 2024, threatening a crisis for key Czech industries such as construction and car-making. The country’s steel consumption totals around 500,000 tons annually, the outl

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