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Novolipetsk Steel PJSC plant, operated by NLMK Group, in Lipetsk, Russia, on June 18, 2018.
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Belgium has a Russian steel addiction — and doesn't want to fix it

by Chris Powers

More than four years after the EU began sanctioning Russian steel, Belgium remains a loyal importer — thanks to a sanctions exemption that allows a Russia-based steel giant to continue supplying its Belgian factories with low-cost slabs. Despite sweeping EU sanctions against the Kremlin for its war in Ukraine, Belgium has opposed attempts to sanction the company, NLMK, and its Kremlin-connected billionaire owner, Vladimir Lisin. Belgian officials fear that taking action could hurt employment in

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Ukraine war latest: Russian drone base destroyed at occupied Donetsk Airport

Editor's note: Got an opinion on anything you've read in the Kyiv Independent so far? Send it to letters@kyivindependent.com, and it may appear in our Letters section. Key developments on June 5: * Ukraine destroys Russia's drone base at occupied Donetsk Airport * 185 Ukrainian POWs return from Russian captivity in latest exchange * 'Enough of the war' — Zelensky throws down gauntlet to Putin in open letter * 5 Russian cargo ships targeted by Ukrainian drones, Azerbaijan reports deaths of

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The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

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