EU to ban Russian steel imports

The European Union is aiming to ban imports of several steel products from Russia and outlaw the export of certain semiconductors to Russia, according to the European Commission's latest sanctions proposal, seen by Politico.

Report informs that the Commission wants to bar the import of "certain elements used in the jewellery industry such as stones and precious metals." It also wants to sanction Alrosa, Russia's largest diamond mining firm.

Additionally, the bloc is set to sanction almost 30 individuals and eight companies, including right-wing philosopher and strategist Alexander Dugin and singer Nikolay Rastorguyev, as well as the largest shareholder of arms producer Kalashnikov, Alan Lushnikov.