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Photo – European Union sharply reduced imports of pig iron from Ukraine in April
European Union sharply reduced imports of pig iron from Ukraine in April

Supplies of Ukrainian raw materials to the EU decreased by 85.2% m/m, while imports from Russia remained at a high level

Photo – European Union imported 15,600 tons of scrap from Ukraine in April
European Union imported 15,600 tons of scrap from Ukraine in April

In January-April, European importers consumed 54.2 thousand tons of Ukrainian scrap

Photo – Italian stainless steel producer Acciai Speciali Terni will be idle in August
Italian stainless steel producer Acciai Speciali Terni will be idle in August

The company plans to carry out technical maintenance of capacities during the period of orders reduction

Photo – EU increased imports of ferroalloys from Ukraine by 33.9% y/y in January-April
EU increased imports of ferroalloys from Ukraine by 33.9% y/y in January-April

In April, deliveries of Ukrainian ferroalloys to EU countries increased by 2.4 times m/m and by 36.6% y/y

Photo – Construction in the European Union decreased by 0.1% y/y in April
Construction in the European Union decreased by 0.1% y/y in April

Compared to March 2023, the indicator decreased by 0.4%

Photo – EU tightens restrictions on steel imports as part of sanctions
EU tightens restrictions on steel imports as part of sanctions

Companies will need to prove that the materials used for processing in a third country do not originate in the Russian Federation

Photo – EU reduced semi-finished products import from Ukraine by 47.5% y/y in January-April
EU reduced semi-finished products import from Ukraine by 47.5% y/y in January-April

In April, deliveries of Ukrainian semi-finished products to EU countries increased by 64.9% m/m and by 19.2% y/y

Photo – The EU reduced imports of iron ore from Ukraine by 9.7% y/y in January-April
The EU reduced imports of iron ore from Ukraine by 9.7% y/y in January-April

In April, deliveries of Ukrainian iron ore to EU countries fell by 16.4% m/m and by 10.4% y/y

Photo – EU importers used up some HRC quotas in the second quarter
EU importers used up some HRC quotas in the second quarter

In the second quarter of 2023, over 1.1 million tons of remaining quotas were used

Photo – South Korean steelmakers are asking for an extension of the CBAM reporting period
South Korean steelmakers are asking for an extension of the CBAM reporting period

The country's steel producers are also calling on the EU to finalize some rules

Photo – Industrial production in the eurozone increased by 1% m/m in April
Industrial production in the eurozone increased by 1% m/m in April

Compared to April 2022, industrial production in the Eurozone increased by 0.2%, in the EU – by 0.1%

Photo – The European Commission is preparing a pilot project of export guarantees to Ukraine
The European Commission is preparing a pilot project of export guarantees to Ukraine

The lack of war risk insurance is one of the obstacles to attracting private business to the recovery of Ukraine

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