INFOGRAPHICS

43 countries globally have restricted the export of ferrous scrap

Restrictions will apply in 71 countries, or every third country in the world, after the adoption of appropriate measures in the EU and Mexico

In 2Q 2022 USA decreased pig iron imports from Russia by 91.9% y/y

Imports of steel semis over the same period reduced by 53.3%

EU increased pig iron imports from Russia by 2.5 times y/y in 2Q 2022

Russian suppliers are gradually occupying the traditional export markets of Ukrainian steel plants

Turkey, China and EU increased iron & steel import from Russia in 1H 2022

The most demanded Russian products are pig iron and steel semi-finished products

Exports of long products from Ukraine decreased 67.3% y/y over 8 months 2022

Due to the blockade of Ukrainian sea ports, the EU remains the main export destination

EU decreased steel production by 6.7% y/y in July 2022

Fifteen European plants suspended or plan to suspend steel production

EU decreased steel production by 6.8% y/y in May 2022

Nine European plants fully or partially suspended steel production

European steelmakers will lose supply of iron ore from Ukraine
European steelmakers will lose supply of iron ore from Ukraine

Due to the war and unfavorable market conditions, supplies began to decline

In 2021 iron & steel sector generated one third of Ukraine’s exports

Ukrainian iron & steel companies also invested $2.0 bln in 2021

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