steel export

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India reduced the export of rolled steel by 55% y/y in April-October 2022

The production of rolled products in this period increased by 6.4% y/y

Business Standard
The European Union reduced steel exports by 17% y/y in January-August 2022

Shipments of flat rolled products from the EU decreased by 10% y/y in 8 months, and long products – by 22% y/y

Turkish steelmakers expect an increase in steel exports to the EU from 2023

As a result of the energy crisis in Europe, the production and supply of steel is reduced, which can positively affect imports from Turkiye

India’s rolled products exports fell by 54% y/y in the first half of FY2022/2023

Steel production in India in April-September 2022 increased by 7% year-on-year

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Türkiye cut steel production by 21% y/y in August 2022

In January-August 2022, steel production by Turkish steelmakers decreased by 8.8% year-on-year

Indian government may reduce export duty on steel and iron ore

India's imports of iron ore and steel are rising amid declining exports, requiring government action to remedy the situation

Yahoo Finance
India’s steel export duty will act until at least December 2022

The effect of the export duty in the next few months will be a stabilizing factor in the market and will prevent its volatility

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India reduced the rolled steel export by 66% y/y in August 2022

In April-August 2022, exports of rolled steel from India fell by 53% year-on-year – to 3.02 million tons

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Turkey cut steel production by 21% y/y in July 2022

Steel exports for the month decreased by 23% y/y

Russian steel producers continue to export to the EU in sanctions’ violation

Russian NLMK supplies products to the EU market through the Belgian subsidiary NLMK Belgium Holdings SA and SOGEPA

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The restoration of steel exports through the ports is not yet considered – MIU

The grain agreement has a target character and is part of international agreements

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The European Union reduced steel exports by 14% y/y in the first half of 2022

Shipments of flat steel products from the EU decreased by 11% y/y in 6 months, and of graded rolled stee by 21% y/y

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