INFOGRAPHICS

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

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

Fifteen European plants suspended or plan to suspend steel production

Nine European plants fully or partially suspended steel production

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

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

Ukraine lost more than 1 mln tons of annual steel export because of trade restrictions in EU and USA

Trade barriers against steel products cost 2% of Ukrainian GDP

Average annual capital investment in the mining & metals sector has reached $2 billion in 2010–2020