In particular, Evraz pls, one of the main mining and metallurgical holdings in Russia, is included in the consolidated list of individuals, groups and organizations subject to EU sanctions. As for the steel business based in Russia, the company operates the integrated asset of ZSMK, which is one of the largest producers of billets, slabs, rebars and rails in the country, mainly supplying the local and Asian markets. Another key asset of Evraz is NTMK, which mainly sells on the local and export markets of the Black Sea, and has recently been actively selling slabs. Both large enterprises are located at the blast furnace and also supply the main cast iron. In addition, EVRAZ KGOK is one of the group's key assets, focusing on the production of high-value iron ore and sinter.
Although Evraz's official commentary says that the company is "assessing the consequences of this appointment and will comply with all applicable laws and regulations," steel market players are also trying to assess the possible outcome. In the Black Sea region, the company was mainly engaged in the sale of slabs, especially to Turkey, and also periodically exported BPI. "I'm not sure that supplies will change much from Tagil[NTMK], at least to Turkey, since most buyers previously had almost no problems with supplies from other sanctioned plants from Russia. The issue is that prices should now be lower compared to pure materials due to increased risks," SteelOrbis comments on a market source.
In the Far East, Evraz is one of the largest sellers of blanks outside of Russia, with Taiwan as its main destination, where sales from Russia are mainly influenced by price competition with China. However, increased sanctions may put additional pressure on sales of Russian billets to other Asian countries, such as the Philippines. Slabs of the former Evraz were also sold in Asia from the ZSMK asset, mainly to Thailand, Taiwan and Indonesia.
As for the pig iron market, Europe is already closed to Russian exporters, since by the end of March 2025, almost its entire annual quota has been exhausted, and the Russian
