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Photo – 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

Photo – Electricity prices in Europe fell significantly in September
Electricity prices in Europe fell significantly in September

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

Photo – Global coking coal prices fall amid oversupply
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

Photo – China’s steel exports provoke increased protectionism in the world
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

Photo – Steel demand in Europe may improve only in 2025
Steel demand in Europe may improve only in 2025

European industry and construction are recovering too slowly

Photo – Electricity prices in Europe increased significantly in June
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%

Photo – Ukraine needs to intensify negotiations with EU on CBAM
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

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

Photo – Electricity prices in Europe increased in May in most countries
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

Photo – Global scrap prices mostly stabilized in May
Global scrap prices mostly stabilized in May

The offer is kept at a high level

Photo – Bulgaria: a large market for Ukrainian semi-finished products
Bulgaria: a large market for Ukrainian semi-finished products

Bulgaria is a large market for only a few types of export products of the Ukrainian agro-industrial complex and steel industry

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