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Photo – Construction in the European Union increased by 0.7% m/m in July
Construction in the European Union increased by 0.7% m/m in July

Compared to July 2022, the indicator increased by 0.9%

Photo – Exporting countries exhausted the EU quotas for the III quarter for some items
Exporting countries exhausted the EU quotas for the III quarter for some items

The volumes of deliveries of certain steel products before the end of the quota period were exceeded

Photo – European Union imported 140.2 thousand tons of pig iron from Ukraine вuring January-July
European Union imported 140.2 thousand tons of pig iron from Ukraine вuring January-July

In July, deliveries of Ukrainian products to the EU amounted to 11.3 thousand tons

Photo – The implementation of CBAM may lead to an increase in prices for steel imports to the EU
The implementation of CBAM may lead to an increase in prices for steel imports to the EU

European steelmakers are also concerned about the mechanism's impact on exports from the bloc

Photo – European Union imported 318,100 tons of Russian iron and steel products in July
European Union imported 318,100 tons of Russian iron and steel products in July

The main share of imports is pig iron – 61.7% of the total volume of supplies

Photo – EU may adjust quotas for rolled goods amid growing imports – traders
EU may adjust quotas for rolled goods amid growing imports – traders

Construction investment in Europe fell, as did steel prices

Photo – What’s really happening in the EU construction market
What’s really happening in the EU construction market

Сonstruction activity in the EU is relatively stable and requires the same volumes of steel as a year earlier

Photo – EU imported 1.62 million tons of DRI in January-July
EU imported 1.62 million tons of DRI in January-July

The main volume of products was shipped from Russia and Libya – 812 thousand tons and 287.8 thousand tons, respectively

Photo – EU reduced imports of semi-finished products from Ukraine by 12.8% m/m in July
EU reduced imports of semi-finished products from Ukraine by 12.8% m/m in July

In January-July, supplies of Ukrainian semi-finished products to EU countries fell by 27% year-on-year

Photo – European steel distributors have created a cooperative purchasing network
European steel distributors have created a cooperative purchasing network

The founding partners of the network are five groups from Spain, Poland, Germany, Italy and France

Photo – EU increased imports of iron ore from Ukraine by 16% m/m in July
EU increased imports of iron ore from Ukraine by 16% m/m in July

In January-July, European steelmakers reduced the import of Ukrainian iron ore by 15.2% y/y

Photo – EU expects imported rolled steel supplies of 0.6-1.2 million tons in the new quota period
EU expects imported rolled steel supplies of 0.6-1.2 million tons in the new quota period

The quota for October-December is 933.74 thousand tons

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