Russia's Ministry of Industry and Trade has canceled the previous request to impose a limit on domestic profit margins at less than 25% for steel producers as this policy is difficult to implement. The Ministry changed its policy, asking steel mills to be transparent about pricing.

Russian steel mills said that due to the international sanctions, the quantity of Russia’s steel products exported to foreign markets is restricted, which meant that the proportion of domestic sales will expand and the prices will thus drop. Therefore, it is no need for the government to set a profit cap.