import

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The European Union imported 486.7 ths t of Russian iron and steel products in April

The main share of imports falls on semi-finished products – 72.7% of the total supply

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UK will continue anti-dumping measures on thick sheet steel from China

The withdrawal of these measures could harm British producers, the TRA found

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European Union sharply reduced imports of pig iron from Ukraine in April

Supplies of Ukrainian raw materials to the EU decreased by 85.2% m/m, while imports from Russia remained at a high level

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European Union imported 15,600 tons of scrap from Ukraine in April

In January-April, European importers consumed 54.2 thousand tons of Ukrainian scrap

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EU tightens restrictions on steel imports as part of sanctions

Companies will need to prove that the materials used for processing in a third country do not originate in the Russian Federation

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The EU reduced imports of iron ore from Ukraine by 9.7% y/y in January-April

In April, deliveries of Ukrainian iron ore to EU countries fell by 16.4% m/m and by 10.4% y/y

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Ukraine increased imports of flat products by 32.1% m/m in May

The costs of Ukrainian consumers on the import of flat rolled products increased by 31.8% m/m

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Ukraine reduced the import of long products by 12.9% m/m in May

Ukrainian consumers' spending on the import of long-rolled goods decreased by 8.8% m/m

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India is considering a countervailing duty on steel imports from China

The proposal has been made, but the final decision has not yet been made

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The UK canceled countervailing measures on imports of bars from India

There is a minimal supply of these products from local producers on the UK market

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China increased iron ore imports by 7.7% y/y in January-May

In May, Chinese steelmakers increased the import of iron ore by 6.3% y/y

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The EU imported 635.4 thousand tons of direct reduction iron in the first quarter

The main volume of products was shipped from Russia and Libya – 357.7 thousand tons and 100.5 thousand tons, respectively

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