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EU set to extend quota for sanctions-free Russian semi-finished steel imports till 2027-28: sources

December 18, 2023 Comments Off

The European Commission looks set to announce an extension of quotas for sanctions-free imports of Russian-origin semi-finished steel products past Sept. 30, 2024, when the current quotas expire, several sources in the industry told S&P Global Commodity Insights. The European Commission did not respond to a request for confirmation. “The information is still informal, but the extension will be for…