Search

08 Sept 2025

Russia stealing UK-bound steel, Ukrainian boss says

Russia stealing UK-bound steel, Ukrainian boss says

Russia is looting steel bound for the UK and the European Union, the head of Ukraine’s largest steel company has said.

Raw and finished steel worth 600 million US dollars (£501 million) left behind in the Azovstal mill and nearby port in the brutalised city of Mariupol was bound for UK customers, but is now being transported to Russia and partly sold on to Asia and Africa, according to Metinvest chief executive Yuriy Ryzhenkov.

He told the BBC: “What they’re doing with this steel is basically looting.

“They’re stealing our products, not only our products, but also some of those products already belong to European customers.

“So we’re documenting as much as possible. We’re preparing the case and we will be going after them with everything we have.”

Azovstal steelworks, which became the last holdout of Ukrainian fighters and civilians during the battle for Mariupol, and its sister plant accounted for 40% of all Ukraine steel production.

Thousands of tonnes of steel had already been purchased by customers in Europe, including some in Britain.

To continue reading this article,
please subscribe and support local journalism!


Subscribing will allow you access to all of our premium content and archived articles.

Subscribe

To continue reading this article for FREE,
please kindly register and/or log in.


Registration is absolutely 100% FREE and will help us personalise your experience on our sites. You can also sign up to our carefully curated newsletter(s) to keep up to date with your latest local news!

Register / Login

Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.

Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.