steel exports - Latest news GMK Center

Slabs and flat steel products account for the lion's share of Iran's total steel exports

Over the same period, the country increased its iron ore imports by 6.3% y/y

Following the introduction of a 50% tariff on Canadian steel, imports of the product into the US fell sharply

At the same time, the figure fell by 3.3% y/y between January and April

Imports of these products fell by 7.8% over the first four months

Imports for the period rose by 30.8% y/y

The country's steelmakers may turn to alternative markets

Protectionism has always been one of the key challenges facing the Ukrainian steel industry over the past 20 years

New EU protective measures could cost the country up to €1 billion in export revenue

In Q1, Ukrainian Railways' share of containerized ferrous metal shipments stood at 15%

In April, exports of rolled steel products fell by 9.2% y/y, while ore imports rose by 0.7% y/y

This mechanism could paralyze an industry that is critical to the country's defense