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steel export - Latest news GMK Center

Photo – Ukrainian exporters need an action plan regarding the European CBAM – Metinvest
Ukrainian exporters need an action plan regarding the European CBAM – Metinvest

Ukraine is forced to reduce its exports to this market and is losing out on foreign exchange earnings

Photo – Global steel market braces for turmoil amid escalation in the Middle East
Global steel market braces for turmoil amid escalation in the Middle East

Recent events are already disrupting steel exports from China to the region

Photo – Turkish steelmakers to focus on nearby markets – ÇİB
Turkish steelmakers to focus on nearby markets – ÇİB

Another element of the growth strategy will be the transformation of the product range

Photo – Excess supply due to Chinese exports coming to an end – CFO Nippon Steel
Excess supply due to Chinese exports coming to an end – CFO Nippon Steel

The company's CFO sees no need to reduce US Steel's capacity

Photo – Licensing of steel exports from China should ease trade tensions
Licensing of steel exports from China should ease trade tensions

The Ministry of Trade notes that the move complies with WTO rules

Photo – Global steel exports grew by 3.3% y/y in 2024
Global steel exports grew by 3.3% y/y in 2024

China maintains undisputed leadership among exporters

Photo – Tight market: what’s happening to steel exports?
Tight market: what’s happening to steel exports?

Unfavorable environment worsens foreign trade statistics of Ukrainian steel industry

Photo – EU extends suspension of steel safeguard measures for Ukraine
EU extends suspension of steel safeguard measures for Ukraine

Under certain conditions, the EC will be able to suspend the regulation for certain products for up to 12 months

Photo – Turkey increased steel exports by 14.4% y/y in April
Turkey increased steel exports by 14.4% y/y in April

Imports in the period decreased by 9.1% year-on-year

Photo – How Russian steel exports have changed in the face of sanctions
How Russian steel exports have changed in the face of sanctions

Russia was able to partially reorient steel supplies to Asia and MENA countries, but this reduced export margins

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