import

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EU reduced DRI imports by 35.5% m/m in February

In January-February, the indicator increased by 35.2% y/y

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Ukraine regains leading position among iron ore exporters to Turkey

During January-February, Ukraine shipped 232,000 tons of heavy metals to Turkish consumers compared to 30,000 tons a year ago

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Ukraine’s trade turnover in the first quarter amounted to $26 billion

During the period, Ukraine imported goods worth $16 billion, and exported $10 billion

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Turkey imported 9.68 thousand tons of steel billets from Ukraine in February

In January-February 2024, this volume amounted to 30.68 thousand tons

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Turkey increased scrap imports by 32.5% y/y in February

During January-February, import of raw materials increased by 34.6% y/y

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Germany exported 7.8 million tons of scrap in 2023

The company shipped 1.44 million tons of raw materials to third countries and 6.36 million tons within the EU.

Imports of long products to Ukraine decreased by 27% m/m in February

During the month, Ukrainian consumers imported 7.3 thousand tons of long rolled products, mainly from Turkiye

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EU countries propose to ban imports of Russian scrap

The proposal was submitted by Lithuania, the Czech Republic, Latvia and Estonia

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Ukraine increased imports of flat products by 22.2% y/y in February

During the month, Ukrainian consumers imported 74.13 thousand tons of products

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EU imported 240 thousand tons of Russian iron and steel products in January

The main share of imports is semi-finished products – 78.5% of the total volume of deliveries

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US reduced steel imports by 3.2% m/m in February

The import of finished steel products for the month fell by 9.2% m/m

How Ukraine can protect its steel market from imports

Globalization is over, protection of the domestic market is the only thing that can save local producers in the EU, USA and Ukraine

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