Alerts & Updates 28th Sep 2023

The European Union (the EU) and the United Kingdom (the UK) Restrictions on Third-country Processed Iron and Steel

Authors

Sanjay Notani Partner | Mumbai
Ambarish Sathianathan Partner | Mumbai

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In an effort to address the circumvention of the prohibitions imposed on Russian-origin iron and steel, the UK and EU recently introduced new restrictions on third-country processed iron and steel. These third-country restrictions will come into effect on September 30, 2023, in the UK and in three phases in the EU, starting on the same date. Our alert discusses what it means for Indian exporters.

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