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EU will allocate €50 million to Ukraine for the restoration of port infrastructure

Improvement of port facilities will accelerate the export of food and other goods

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ArcelorMittal is trying to influence the situation on the steel market in the EU

During January-November, the company limited production in Belgium, Germany, Poland, France and Bosnia

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EU reduced the import of flat rolled products from Ukraine by 22.7% y/y in January-September

In 9 months, the EU market consumed 597.22 thousand tons of flat rolled products of Ukrainian production

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EU extended the state aid scheme for energy prices

The deadline for relaxing the rules expired at the end of 2023

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Ukraine became a full participant in the EU infrastructure development program

The implementation of the program, in particular, will contribute to the improvement of transport connections with the EU and the establishment of exports

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European Union imported 285.2 thousand tons of Russian steel products in September

The main share of imports falls on semi-finished products – 54.6% of the total volume of deliveries

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EU imported 2.03 million tons of DRI in January-September

The main volume of products was shipped from Russia and Libya – 955.4 thousand tons and 365.95 thousand tons, respectively

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Construction in the European Union increased by 0.5% m/m in September

Compared to September 2022, the indicator increased by 0.1%

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EU reduced imports of iron ore from Ukraine by 9.3% m/m in September

In January-September, European steelmakets reduced the import of Ukrainian iron ore by 4% y/y

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The Czech Republic is lobbying for continued import of Russian slabs into the EU

The country is pushing for continued supplies of Russian products despite the 8th package of sanctions

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Global scrap market in 2023: current trends

More and more countries recognize scrap as a strategic raw material and limit exports

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Ukraine is ready to export up to 1.5 million tons of additional pig iron to the EU market

Ukrainian suppliers are ready to replace the products of Russian producers on the EU market in case of sanctions on pig iron and steel from the Russian Federation

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