import - Latest news GMK Center

Total steel imports for the month rose by 19.5% month-on-month

The bulk of the volume is accounted for by pig iron, semi-finished steel products and direct reduced iron

The indicator was affected by the almost complete cessation of imports by Germany and the Netherlands

The volume of imports required for Ukraine is insignificant compared to the EU, but there are no prerequisites for a significant reduction in gas prices

In April, imports of steel products decreased by 11.3% y/y, but volumes are still 144 thousand tons higher than exports

Steady outstripping shipments, fueled by fears of tariff hikes, boost exports

The share of imports in EU steel consumption remains at historic levels despite declining supplies

During the period, Ukraine imported $31.3 billion worth of goods and exported $16.9 billion worth of goods

Negative dynamics is related to US import tariffs and tax changes in Brazil

The key suppliers of raw materials are the Netherlands and the United States

Despite the sanctions, in the first quarter, Russia exported 697 thousand tons of pig iron to the EU out of the authorized 700 thousand tons

The bulk of supplies are Polish products