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The trend was supported by increased demand from steelmakers after the New Year holidays

Scrap collection in Ukraine will increase by only 15%: overview for 2024

In the conditions of post-war economic recovery, the role of scrap for the steel industry will inevitably increase

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Dry bulk prices show volatility at the beginning of the year

The shipping crisis in the Red Sea affects global trade, but has not yet significantly affected the transportation of steel products

State and prospects of trade in steel products Ukraine-Turkiye

Turkish supplies accounted for almost 40% of all imports of steel products in 2023

How the Ukrainian steel industry passed the test of strength in 2023

Despite all the difficulties, production of crude steel and steel finished products remain stable

Infrastructure restoration supported steel demand in Ukraine in 2023

Domestic steel consumption, taking into account imports, is approximately 3.5 million tons in 2023

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Border blockade had an extremely negative impact on the steel industry and steel trade

Losses for just one enterprise in the industry exceed $20 million per month

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Electricity prices in Europe returned to 2021 levels last year

This trend was facilitated by the fall in the cost of gas, the decrease in demand and the growth of generation from renewable sources

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Zaporizhstal showed the highest industry utilization level in 2023

With an average load of 70% in 2023, the steel mill increased its steel production by 65%

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Analysts expect global GDP growth of 2.1-2.9% in 2024

Next year we can expect looser monetary policy, reduced inflation and high uncertainty

Ukraine’s economy is forecast to grow by 3-5% in 2024

Next year steel production may reach 7.2-7.5 million tons

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