We make Steel in Australia.
Canada also makes Steel.
China also makes Steel from Australian and Canadian Iron Ore.
Why buy Russian Steel?
this post was submitted on 06 Feb 2026
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Why buy Russian Steel?
Without looking at the numbers, I'd guess that Russia is probably the cheapest option for those companies importing it from Russia.
It also sounds like it's not just steel in general, but some specific stuff:
Sanctions on Russian exports have blocked most steel products from flowing into the EU, especially the most basic ones. Yet semi-finished slabs are still permitted into the bloc because Belgium, Czechia and Italy requested they remain available for factories that they say have no alternative sources of supply.
I'm a little skeptical that nobody else out there produces those, though.
searches
Apparently they look like this:
https://kavehmetal.com/steel-slab-7-essential-tips2025-guide/
Steel slab plays a vital role in the production of steel sheets, plates, and other related products. Its use is particularly prominent in the manufacture of:
Hot-rolled sheets or black sheets: The slab is heated to a specific temperature, then passed through rollers to reduce thickness and achieve the desired dimensions.
Structural components: It is also used in the production of I-beams, rebars, and steel pipes, which are essential for construction and infrastructure projects.
Shipping costs.
The answer, of course, is that we barely do.
I can't find any source papers, but on several summaries and industry infographics, Russia isn't even in the Top 6 sources for imported steel, meaning they're under 5% for both flat steel (plates) and longs (beams).
Ukraine, meanwhile is the 4th largest source of long products, and the third largest grower.
Edit: the article is pretty shit. Apparently it's not steel products, but products used in steel-making. So iron, reduced iron, slab, etc. Russia is (shamefully) the main source of those products for the EU.