NLMK warns of consequences of economic sanctions for metallurgists

The management of the European branch of “NLMK” Group have warned the European Commision, the authoritiesy of Belgium, France and Italy of the consequences of the introduction of economicisanctions against large Russian companies for European metallurgists. The EC has acknowledged receipt of the letter. NLMK notes that the enterprises of the company in Belgium and other countries get their required raw materials from Russia and the breach of production ties will result in “devastating consequences”. It may lead to a delay and  thetermination of steel supplies to the European end-consumers,