icon

INFOGRAPHICS

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

Photo – Import share of plate market in Poland was 90% in 2023
Import share of plate market in Poland was 90% in 2023

Local production fell by 52% in 2013-2023

Photo – Economic activity in Ukraine in H1 2024
Economic activity in Ukraine in H1 2024

Growth leaders are construction, steel sector and food industry

Photo – Long steel products market in the EU
Long steel products market in the EU

High energy costs and stagnation in the economy restrain market development

1 10 11 12 13 14 19