INFOGRAPHICS

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

EU exported 6.4 million tons of long products in 2024

Product shipments grow for the second year in a row after a significant drop in 2022

EU increased exports of flat products by 3.9% y/y in 2024

Exports increased for the first time since 2019

EU increased imports of flat products by 7.5% y/y in 2024

Imports increased for the first time after two years of stagnation

EU imported 5.34 million tons of iron & steel products from Russia in 2024

Total imports exceeded €2.5 billion, with the largest volumes of supplies coming from semi-finished products, DRI and pig iron

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