Trade Resources Industry Views Zaporizhstal Has Suspended Its Supplies to Russia

Zaporizhstal Has Suspended Its Supplies to Russia

Ukrainian steelmaker Zaporizhstal, a part of Ukrainian mining and steel group Metinvest, has stated that it has suspended its supplies to Russia due to recent problems experienced at Russian customs.

Russia's Customs Service has tightened controls on Ukrainian goods since August 14, blocking the supply of products to the Russian market.

Zaporizhstal supplies about 15-17 percent of it annual production, or 45,000 mt of steel products, to the Russian and CIS markets. The steel producer supplies about 20-25 percent of its output to Europe.

Source: http://www.steelorbis.com/steel-news/latest-news/ukraines-zaporizhstal-halts-steel-product-supplies-to-russia-777917.htm
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Ukraine's Zaporizhstal Halts Steel Product Supplies to Russia
Topics: Metallurgy