import

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EU increased imports of iron and steel products from Russia by 71% y/y in January-February

Main volume is accounted for by pig iron, semi-finished steel products, and direct reduced iron

Ukrainian steel market in Q1: slowdown in production and trade

The key levers of influence include geopolitics, duties and logistics

metipol.ua
Spain reduced rolled steel exports by 24.4% m/m in January

Imports of relevant products from third countries increased by 3.3 times m/m.

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France increased rolled steel exports by 16.9% y/y in January

Imports of relevant products from third countries increased by 51.8% y/y

benteler.com
Italy reduced rolled steel exports by 12% y/y in January

Imports of relevant products from third countries increased by 6.4% y/y

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Germany increased rolled steel exports by 23.7% m/m in January

Shipments of flat products to third countries increased by 23.5% m/m and long products – by 24.2% m/m

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Ukraine imported 50 thousand tons of long products in Q1

The largest supplier of products is Turkey

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Ukraine increased imports of flat products by 28.8% y/y in January-March

Coated flat products account for more than 40% of imports

World Steel News
China increased steel exports by 6.3% y/y in Q1

Imports of iron ore decreased by 7.8% y/y over the period

made-in-china.com
Turkey increased its imports of billets from Ukraine by 65% y/y in January-February

Total imports by Turkish steelmakers increased by 52.4% y/y, mainly from Malaysia

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Ukraine increased coke imports by 90.3% y/y in Q1

The bulk of supplies are Polish products

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