Hungary considers restrictions on steel exports

According to a ministerial declaration signed by Viktor Orban, Prime Minister of Hungary, the Hungarian government may restrict the export of strategically important raw materials and goods, including steel products.

Consequently, Hungarian exporters may need government approval to export their products in accordance with the restrictions of the state registration procedure.

Hungarian Interior Minister Sandor Pinter will confirm whether the exported products will endanger the public supply or the construction industry. In this case, the products will be prohibited from export.