The country will also stop supplying products of some advanced technological industries to the Russian Federation.
The UK authorities will ban the import of iron and steel from Russia from April 14, and the country will also stop supplying products from a number of advanced technological industries to the Russian Federation. This is stated in a statement by the Foreign Minister of the Kingdom of Liz Truss, distributed by the department on Wednesday.
“Starting tomorrow, we will ban the import of Russian iron and steel, as well as the export of quantum technologies and advanced materials,” the minister said. The ban on the import of Russian steel products was announced by the UK government on April 6. On the same day, the procedure for redistributing Russian and Belarusian steel import quotas was launched in order to avoid a shortage of rolled metal products on the British market. Quotas that cannot be selected by producers from Belarus and the Russian Federation will be distributed among exporters from other countries. Due to the restrictions imposed in London, there are fears of a shortage of two product categories – hot rolled sheet steel and strips, as well as steel reinforcement.