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Quotations increased in Turkey and China, while in the USA and Europe they decreased

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Global prices for hot-rolled coils showed a mixed trend in October

Large European and American companies are trying to raise the prices of offers, but buyers are showing restraint regarding new deals

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Crisis in the EU steel industry – politicians are intensifying efforts to help the sector

Representatives of the Ukrainian steel sector expect that the Ukrainian authorities will also pay more attention to the problems of the sector

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Electricity prices in Europe fell significantly in September

The Ukrainian day-ahead market price in September was €123.7/MWh

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Global coking coal prices fall amid oversupply

It is expected that at the end of Q4 2024 and in Q1 2025, prices will stabilize and begin to rise to $220-240/t

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China’s steel exports provoke increased protectionism in the world

There are no signs of easing tensions in the global steel trade in the near term

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Steel demand in Europe may improve only in 2025

European industry and construction are recovering too slowly

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Electricity prices in Europe increased significantly in June

European steelmakers call for paying attention to electricity prices, Ukrainian steel sector proposes to reduce the share of electricity imports which is needed to ensure stable energy supply to 50%

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Ukraine needs to intensify negotiations with EU on CBAM

The optimal option is to recognize force majeure and apply a declaratory approach to Ukrainian imports subject to CBAM

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Risks to the steel market from a slowdown in China’s economy

An increase in Chinese exports leads to losses in local markets and, as a result, to an increase in the number of trade restrictions

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Electricity prices in Europe increased in May in most countries

In particular, electricity cost was affected by the increase in the price of gas and carbon emissions

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