EU - Latest news GMK Center

During this period, steel shipments decreased by 7.8% y/y

In the first quarter, it amounted to 1.1 million tons per month, compared with 864 thousand tons in the previous quarter

In 2024, the volume of construction will recover to 0.7%

Ukraine provided 51% of European imports of square billets in January-April 2023

The market believes that European producers may try to raise prices

The main drivers of negative expectations are high energy prices, increased production costs and the war in Ukraine

Industrial and infrastructure projects in global economies cannot compensate for sector weakness

The funds will be used to finance priority expenditures of the state budget

The parties aim to reach an agreement by the autumn 2023

The National Recovery Plan is an opportunity to restart the country's industry

Compared to April 2023, the indicator increased by 0.2%

In January-April, Ukrainian iron ore exports to the EU amounted to 19.7% of the total European imports