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INFOGRAPHICS

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

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

Photo – Ferrexpo to invest $3.3 bln to reach net zero emissions
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

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

Most of the shutdown enterprises are managed by Liberty Steel Group

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

Photo – Global iron ore exports reached 1.6 billion tons in 2024
Global iron ore exports reached 1.6 billion tons in 2024

Australia has traditionally been a key supplier of raw materials

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

More than 38% of supplies come from Russia

Photo – EU exported 6.4 million tons of long products in 2024
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

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

Exports increased for the first time since 2019

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