Russia has imposed quotas on imports of hot rolled steel in response to similar actions of the US and EU

the Introduction of a special quota on the import of hot-rolled steel will help prevent the damage that could be inflicted on the Russian ferrous metallurgy a sharp increase in imports of steel, including due to the protectionist policy of the United States and the European Union, said Minister of industry and trade of Russia Denis Manturov.

"This is the first experience of protection of the domestic market in the Eurasian economic Union", - said the Minister.

the Company received a quota to import of steel products to the Russian market without paying the 20% special tax.

the Ministry has allocated a special quota on the import of hot-rolled steel for the period from 01.12.2019 year 31.03.2020 year. Acceptance of applications for issuance of import licenses under the quota starts on November 25.

statement of the need to form through the portal "Support of participants of foreign trade activities" (www.non-tariff.gov.ru) and receive a one-time license is available both in paper and in electronic form.