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Photo – The government has drafted a new economic strategy amid a 0.5% y/y decline in the economy during Q1

Amid rising inflation, Ukraine faces the threat of a recession and, under certain circumstances, stagflation

Photo – EU trade restrictions could bring steel exports from Ukraine to a complete halt
EU trade restrictions could bring steel exports from Ukraine to a complete halt

Protectionism has always been one of the key challenges facing the Ukrainian steel industry over the past 20 years

Photo – The Finnish steel market: the price of the crisis
The Finnish steel market: the price of the crisis

Over the past five years, steel production in Finland has fallen by 17.6%, while consumption has dropped by 19%

Photo – Ukraine continues to explore ways to mitigate the impact of the CBAM on the economy
Ukraine continues to explore ways to mitigate the impact of the CBAM on the economy

The main challenges lie in working with the European Commission, while the European Parliament supports Ukraine's position

Photo – The Swedish steel market in 2026: an overview and outlook
The Swedish steel market in 2026: an overview and outlook

In 2026, steel consumption is expected to increase by approximately 3%, to 3.4 million tons

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

The price of day-ahead electricity in Ukraine last month was €113/MWh

Photo – The volume of new industrial real estate coming online in Ukraine is growing by 20% annually
The volume of new industrial real estate coming online in Ukraine is growing by 20% annually

Current plans for industrial real estate construction already exceed pre-war levels

Photo – Turkish steelmakers have an advantage in export markets thanks to semi-finished products from Russia
Turkish steelmakers have an advantage in export markets thanks to semi-finished products from Russia

Such purchases enable the country's steelmakers to reduce the cost of rolled steel

Photo – The first few months of CBAM implementation have already had a negative impact on the Ukrainian steel industry
The first few months of CBAM implementation have already had a negative impact on the Ukrainian steel industry

In the first quarter alone, Ukrainian steelmakers lost more than 1.1 million tons of export orders for steel products

Photo – Electricity prices in Europe rose in March due to a sharp increase in gas prices
Electricity prices in Europe rose in March due to a sharp increase in gas prices

The price of day-ahead electricity in Ukraine last month was €145.1/MWh

Photo – Steel consumption in the Western Balkans: threat of a decline
Steel consumption in the Western Balkans: threat of a decline

The main risks in 2026 are new tariff barriers and a Europe-wide economic crisis

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