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Ukrainian consumers' spending on the import of long-rolled goods increased by 42.2% m/m

Cheap imported steel products occupy an increasingly large share of the European steel market

In 7 months, the EU market consumed 395.95 thousand tons of flat rolled products of Ukrainian production

In July, deliveries of Ukrainian products to the EU amounted to 11.3 thousand tons

In July, Turkish steelmakers consumed 3.2 thousand tons of Ukrainian-made iron ore

European steelmakers are also concerned about the mechanism's impact on exports from the bloc

The main share of imports is pig iron – 61.7% of the total volume of supplies

Construction investment in Europe fell, as did steel prices

Ukrainian consumers' spending on imports of long products decreased by 24% m/m

In January-July, European steelmakers reduced the import of Ukrainian iron ore by 15.2% y/y

The costs of Ukrainian consumers on the import of flat rolled products increased by 29.8% m/m

EU market consumed 339.6 thousand tons of flat rolled products of Ukrainian production in 6 months