European Union plans to extend the validity of import quotas for Russian slab supplies, according to the European Council. We are talking about an extension for three to four years with a gradual reduction of annual volumes to zero by 2028. Current quota of 3.7 million tons ends at the end of 2024. NLMK is the main supplier to Europe: the holding supplies slabs to Belgium, France, Denmark and Italy, where the group has rolling mills.