Orgalim calls to review the safeguard measures on steel products
29/03/2022
In recent weeks steel sourcing has become increasingly challenging for European companies across the machinery, metal technology, electrical, electronics and ICT sectors. The EU has decided to ban steel imports from Russia. In addition to this, several steel producers in Ukraine have been forced to stop their production due to the ongoing Russia-Ukraine war. Under normal circumstances, Ukraine and Russia represent 23% of EU imports of steel, and the breakdown of Russian and Ukrainian supplies will tighten the already-strained steel market in the EU.