INFOGRAPHICS

48 countries have already restricted scrap exports

38% of them introduced partial or full ban

Tariff war: Trump’s new plans and the world’s reaction

A 90-day pause on US “reciprocal” tariffs begins on April 9

Ukrainian steel market in Q1: slowdown in production and trade

The key levers of influence include geopolitics, duties and logistics

Ukraine has one of the highest electricity prices in Europe

93% of EU steel is produced in countries with lower energy prices than Ukraine

Ukrainian economy in 2024 was 23% below pre-war levels

Ukraine needs new growth drivers, which can only be found in the industrial segment

Global stainless steel production grew by 7% y/y in 2024

The key producer is China – 39.4 million tons

Tariff war: Donald Trump vs. the world

On April 9, the United States announced a three-month pause in mutual tariffs for trading partners other than China

Industrial production growth slows to 3.6% y/y in 2024

Production declined most strongly in coal mining, chemicals and wood processing

Ferrexpo to invest $3.3 bln to reach net zero emissions

Priority decarbonization measures include transitioning to biofuel in pelletizing, eliminating fossil fuels, and electrifying mining vehicles

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