steel import

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India became a net importer of rolled steel in April-November

Chinese supplies of metal products to the country reached a 5-year high

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Poland reduced rolled steel import from third countries by 8.7% y/y in September

The export of steel products for the month increased by 25.8% y/y

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The Czech Republic wants to continue importing Russian slabs to the European Union

The country claims that they still cannot replace Russian supplies

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USA increased imports of rolled goods by 16.2% m/m in October

Steel imports in the USA for the month fell by 0.3% m/m

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Unesid noted violations in the import of steel products for green energy

Incorrect declaration damages the economy and the local market

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India to oppose CBAM at World Trade Organization

At the same time, the country's producers consider it necessary to study the barriers to cheap imports

economictimes.indiatimes.com
India became a net importer of steel in October

During the month, the country imported 570,000 tons of steel, which is 4% less compared to October 2022

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Steel imports to the EU in Q2 decreased by 10% y/y

In January-August 2023, European consumers reduced steel imports by 19% y/y

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USA reduced steel imports by 4.1% m/m in September

Imports of rolled steel in the USA for the month fell by 15.1% m/m

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China increased exports of steel products by 31.8% y/y in January-September

In September, Chinese steel companies shipped 2.6% less steel abroad than in August

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EU steel market weighs challenges in implementing CBAM

Market participants are concerned about the unpredictability of carbon costs

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