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In this way, the parties try to prevent the return of mutual duties

In 7 months, the EU market consumed 395.95 thousand tons of flat rolled products of Ukrainian production

Such values ​​can be achieved with a target range of 90% emission reduction

The sale agreement was concluded in February 2023

In 7 months, the EU market reduced the consumption of long rolled products of Ukrainian production by 26.2% y/y

The EC concluded that the merger would not cause competition in the EU market, given the limited capabilities of the company

China has already exhausted 80% of the quota for the import of electrical steel, 84% – for tin products, 50% – for seamless pipes

In January-August, Belgian steelmakers reduced steel production by 9.5% y/y

The initial stage will be crucial to assess the reliability of the mechanism

Restrictions could close foreign markets for scrap traders

Analysts predicted a slowdown to 4.5%

Thus, EU steelmakers will try to balance supply and demand