steel export

The company managed to maintain foreign markets by diversifying sales

Low domestic sales and fears of an increase in trade conflicts in the future contributed to the hyped sales

Such volumes threaten to increase tensions in global trade

In H1 2024, the company's exports reached 3.04 million tons

Due to weak domestic consumption, local steelmakers direct surpluses to unprotected export markets

The import of steel products decreased by 13.3% y/y in 6 months

China's growing manufacturing capacity threatens emerging economies

This situation threatens the jobs and activities of regional producers

Eexports last month amounted to about 0.5 million tons

The main export volume is hot-rolled sheets and coils – 75.6 million tons

The increase in the indicator was mainly due to the increase in the export of flat rolled products – by 84.4% y/y

During this period, steel exports decreased by 11.3% y/y