slabs

The justification for the lack of cost-effective alternatives is not entirely true

In 2023, the company produced 3 million tons of slabs

In particular, the decision is condemned by the steel company Metinvest and the European steel association EUROFER

After the occupation of assets in Mariupol, the company completely changed its supply chains and has an understanding of how to do this to EU companies

In January-October 2023, the country exported 1.53 million tons of slabs, while in 2022 the figure was at the level of 1.33 million tons

Deliveries increased by 16.8% y/y

Supplies decreased by 5.2% y/y

European consumers are preparing for the entry into force of sanctions on slabs and are looking for alternative suppliers

Compared to June 2022, the volume of foreign supplies decreased by 9.9% y/y

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

The manufactured products will be delivered to the company's rolling assets in Italy and the UK

Deliveries to Europe in the first quarter of 2023 decreased by 26% y/y