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INFOGRAPHICS

Photo – China’s steel market in 2024: export growth and domestic consumption decline
China’s steel market in 2024: export growth and domestic consumption decline

Last year, steel production fell by 1.7% to a 5-year low. Exports reached a historic high

Photo – Ukrainian steel industry peaked in 2024: what’s next?
Ukrainian steel industry peaked in 2024: what’s next?

Pig iron production reached 7.09 million tons, steel – 7.57 million tons, rolled products – 6.22 million tons

Photo – Ukrainian business shows cautious optimism for 2025
Ukrainian business shows cautious optimism for 2025

Business confidence can only increase if energy supplies improve and hostilities cease

Photo – China’s steel exports to surpass 2015 record in 2024
China’s steel exports to surpass 2015 record in 2024

Cheap Chinese steel is actively flooding the global market, creating challenges for local producers

Photo – European countries granted €14.6 bln for decarbonization of the steel sector
European countries granted €14.6 bln for decarbonization of the steel sector

Tata Steel Ijmuiden project to be largest recipient of government aid

Photo – How different countries around the world reacted to CBAM introduction in the EU
How different countries around the world reacted to CBAM introduction in the EU

Governments are trying to find the most beneficial actions to support exports

Photo – Port transshipment of iron ore for 10 months amounted to about 15.2 mln tons
Port transshipment of iron ore for 10 months amounted to about 15.2 mln tons

In the same period, the handling of steel products at ports amounted to 2.9 mln tons

Photo – “Pain points” of European iron & steel industry
“Pain points” of European iron & steel industry

Weak market forces European steelmakers to cut costs, jobs, delay wage payments

Photo – Ukrainian economy was 10.5% below the level of 2021 in 2023
Ukrainian economy was 10.5% below the level of 2021 in 2023

Ukraine needs systemic support for basic industries to recover at least to pre-war levels

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