import

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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

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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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EU increased imports of iron and steel products by 19% y/y in January

The export of products decreased by 14.4% y/y

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Ukraine exported 1.36 million tons of iron ore to the EU in January

Ukrainian suppliers accounted for 21.3% of total EU iron ore imports

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Türkiye imported 21 thousand tons of steel billets from Ukraine in January

The last time Ukrainian products were imported was in November 2023

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UK reduced imports of iron and steel products from Ukraine by 37% y/y in 2023

Imports of raw materials fell by 49.3% y/y, and finished products – increased by 0.6% y/y

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Ukraine’s trade turnover amounted to $16.8 billion in January-February

During the period, Ukraine imported goods worth $10 billion, and exported $6.8 billion

EU reduced long products imports by 21.8% y/y in 2023

China and Turkiye were the main suppliers of long products to the EU last year

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EU imported 4.8 million tons of Russian iron and steel products in 2023

The main share of imports falls on semi-finished products – 69.4% of the total deliveries

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Ukraine reduced imports of flat products by 7.4% m/m in January

During the month, Ukrainian consumers imported 71.44 thousand tons of relevant products

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Imports of long products to Ukraine increased by 19.2% m/m in January

During the month, Ukrainian consumers imported 10,000 tons of long rolled products, mainly from Turkiye

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