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Photo – Ukrainian steel market may grow by 30% in the second half of the year
Ukrainian steel market may grow by 30% in the second half of the year

There is no shortage of steel products on the Ukrainian market, except for some specific items

Photo – Ukraine imported 89.3 thousand tons of coke in the first half of the year
Ukraine imported 89.3 thousand tons of coke in the first half of the year

Export of coke for January-June practically did not take place – 0.6 thousand tons

Photo – India increased steel imports from China to a 6-year high in April-May
India increased steel imports from China to a 6-year high in April-May

India's government is considering imposing a countervailing duty on steel imports from China amid a surge in supplies

Photo – Turkiye increased slab imports to a record level in 2023 in May
Turkiye increased slab imports to a record level in 2023 in May

During the month, Turkish steelmakers imported 480.7 thousand tons of slabs, which is 23.9 times more than y/y

Photo – Turkiye increased steel billet imports by 33% m/m in May
Turkiye increased steel billet imports by 33% m/m in May

The largest part among exporters of billets to the country is occupied by Russian suppliers

Photo – Turkiye became the largest buyer of Chinese hot-rolled steel in May
Turkiye became the largest buyer of Chinese hot-rolled steel in May

In May, China exported a total of 1.77 million tons of HRC

Photo – Iron ore reserves in China will grow in the second half of the year – forecast
Iron ore reserves in China will grow in the second half of the year – forecast

The increase in inventories will be caused by a slowdown in the steel sector

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

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

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

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

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

Photo – EU tightens restrictions on steel imports as part of sanctions
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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