import

Turkiye increased imports of pig iron from Ukraine by 60% y/y in August 2022

In January-August 2022, supplies of Ukrainian pig iron to Turkish steelmakers decreased by 41.7% year-on-year

China reduced iron ore imports by 2.3% y/y in January-September 2022

In September, the import of iron ore increased by 4.3% year-on-year and increased by 3.6% compared to the previous month

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China reduced steel production by 3.4% y/y in January-September 2022

Production of finished steel during this period fell by 2.2% y/y, and pig iron – by 2.5% y/y

Metinvest-SMC has arranged the import of HRS from Romania

The Vinnytsia steel center was the first to receive the new product, and soon the Romanian HRS will also be in other warehouses of the company

EU increased pig iron imports from Russia by 2.5 times y/y in 2Q 2022

Russian suppliers are gradually occupying the traditional export markets of Ukrainian steel plants

Deficit of trade in goods decreased to $111 million for the first half of September 2022

During the first half of the month, Ukraine exported products worth $1.18 billion, and imported – $1.93 billion

Turkey reduced scrap metal imports by 43% y/y in July

In January-July 2022, the import of scrap metal decreased by 21.5% y/y

The government rejected the decision to introduce an additional tax on imports

Despite the fact that the draft law was approved by the ministry, it will not be registered in the parliament

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Turkey resumed the pig iron import from Ukraine in June

In one month, Ukrainian steelmakers shipped 11.2 thousand tons of pig iron to Turkish consumers

The EU agreed with Turkey on the date of abolition of import tariffs on steel

Imports of Turkish steel are subject to tariff quotas

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Carbon tax will cost for European steel importers €2 billion/year – BCG

By 2032, the cost of iron and steel imported into the EU from the US and the UK could increase by 6%

China increased iron ore imports by 3.1% in July

In the first 7 months of the year, steel import to China decreased by 3.4%

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