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According to Bloomberg News, European Union and United States will impose sanctions against Russia but Russian metal supply will be little serious isrudption.
The agency said that Russia metal exports to EU and United States is relatively small , the country will be looking for other markets.
"Black Sea ports may encounter blockade, but depart from steel, grain exports will be affected more ."
Capital Economics said Ukraine accounted for 2% of global steel production its main export market is Middle East.
The agency said that in the case of excess supply in the market, the Black Sea steel exports reduce gap can be easily fill.
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