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Photo – EU calls on the US for less stringent quotas on imports of European steel
EU calls on the US for less stringent quotas on imports of European steel

The EC is striving to achieve a system that more closely reflects trade flows

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

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

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

Photo – EU extended the state aid scheme for energy prices
EU extended the state aid scheme for energy prices

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

Photo – Ukraine became a full participant in the EU infrastructure development program
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

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

Photo – EU imported 2.03 million tons of DRI in January-September
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

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

Compared to September 2022, the indicator increased by 0.1%

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

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

Photo – Global scrap market in 2023: current trends
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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