Poland

During the pandemic, blast furnace and steel production in Krakow was closed, and from 2024 the coke battery at this enterprise will be decommissioned

In January-November, the country's steelmakers reduced steel production by 14.9% y/y

The incident will lead to a reduction in coking coal production by 350,000 tons in 2024

The Ukrainian economy has already suffered more than $1 billion in losses

In the afternoon of December 11, stable traffic of trucks was restored at this crossing

The total cost of protests by Polish transporters and farmers depends on the duration of the action, but threatens to be expensive

The export of steel products for the month increased by 25.8% y/y

Blocking checkpoints on the border with the EU will have a long-term effect

In January-October, the country's steelmakers reduced steel production by 17.5% y/y

This decision is due to two factors: low demand for coke and high coking coal prices

The company suspended the blast furnace at the plant in Zenica (Bosnia and Herzegovina) and the wire rod production plant in Sosnowiec (Poland)

Prolonged blocking of the border will lead to increased costs of logistics and a decrease in the competitiveness of Ukrainian exports