Export of flat rolled products from Ukraine in 2022 decreased by 73% y/y

Export opportunities have significantly decreased due to the blockade of Ukrainian seaports

Scrap collection in Ukraine decreased by 75.9% in 2022

Military aggression from Russia remains the main negative factor for the industry

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

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