Ukrainian metallurgists call for an end to the import of Russian iron and replacing it with Ukrainian and EU goods.

The National Association of Extractive Industries of Ukraine (NADPU) called on the EU to take active measures to stop importing MMC products from the Russian Federation.

It should be noted that the EU has imposed sanctions on Russian products, but they are, unfortunately, insufficient. As a result, in 2023 Russia exported €3B worth of iron ore products and ferrous metals to the EU. This revenue contributes to Russia’s war against Ukraine and also negatively affects Ukrainian and European companies, as Russian exporters dump their products on the European market, rendering local producers uncompetitive.

“Ukraine, together with other European countries, is ready to replace Russian products on the European market, and this should be evidence of partnership relations and support for Ukrainian business,” the Association noted.

NADPU proposes amending the EU sanction legislation and supplementing the list of prohibited goods with iron ore products, reducing import quotas for pig iron, and the direct recovery of iron through various processes.