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steel exports - Latest news GMK Center

Photo – Ukraine is negotiating with the EU regarding a possible exemption for the steel industry from the CBAM
Ukraine is negotiating with the EU regarding a possible exemption for the steel industry from the CBAM

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

Photo – India increased its rolled steel exports by 36% y/y in FY2025/2026
India increased its rolled steel exports by 36% y/y in FY2025/2026

This year, exports will be hampered by European trade measures and the war with Iran

Photo – The European CBAM immediately hit Ukrainian steel exports
The European CBAM immediately hit Ukrainian steel exports

Ukrainian steelmakers, who are working under wartime conditions, note that they need a temporary exemption from the mechanism

Photo – China’s steel exports fell by 9.9% y/y in Q1
China’s steel exports fell by 9.9% y/y in Q1

In January–March, these volumes totaled 24.71 million tons


Photo – Turkish steelmakers have an advantage in export markets thanks to semi-finished products from Russia
Turkish steelmakers have an advantage in export markets thanks to semi-finished products from Russia

Such purchases enable the country's steelmakers to reduce the cost of rolled steel

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