INFOGRAPHICS

Ukrainian economy in 2024 was 23% below pre-war levels

Ukraine needs new growth drivers, which can only be found in the industrial segment

Global stainless steel production grew by 7% y/y in 2024

The key producer is China – 39.4 million tons

Tariff war: Donald Trump vs. the world

On April 9, the United States announced a three-month pause in mutual tariffs for trading partners other than China

Industrial production growth slows to 3.6% y/y in 2024

Production declined most strongly in coal mining, chemicals and wood processing

Ferrexpo to invest $3.3 bln to reach net zero emissions

Priority decarbonization measures include transitioning to biofuel in pelletizing, eliminating fossil fuels, and electrifying mining vehicles

More than 9 million tons of steel capacity idle in the EU

Most of the shutdown enterprises are managed by Liberty Steel Group

The volume of construction in Ukraine remains half the pre-war level

The industry is supported by infrastructure construction, the dynamics of which is already slowing down

Global iron ore exports reached 1.6 billion tons in 2024

Australia has traditionally been a key supplier of raw materials

The EU increased imports of direct reduced iron by 5.4% y/y in 2024

More than 38% of supplies come from Russia

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