steel import

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Traders are concerned about the EU’s decision to extend protective measures on steel imports

Market participants are particularly concerned about the proposal to limit the use of the quota for other countries for hot-rolled steel

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US extends suspension of duties on Ukrainian steel for another year

The decision includes the suspension of tariffs on steel products from Ukraine that undergo further processing in the EU

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EU to extend safeguard measures on steel imports for another two years

A 15 percent restriction on imports of hot-rolled coils and wire rod under the remaining quarterly quota is also introduced

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Italy increased steel imports by 4.4% y/y in Q1

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

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US increased steel imports by 11.3% m/m in April

The import of rolled steel for the month increased by 4.5% m/m

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Canadian steelmakers are in favor of strengthening protective measures against steel imports

The industry association called on the authorities to take measures similar to the American ones

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China increased steel exports by 27% y/y in January-April

The import of steel products during this period decreased by 3.7% y/y

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Germany imported 155 thousand tons of steel from third countries in January-February

The main part of the import fell on long-rolled goods – 112.33 thousand tons

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EU increased imports of steel products by 4% y/y in January-February – EUROFER

The import of rolled products increased by 20% y/y, in particular flat – by 33% y/y, and graded decreased by 15% y/y

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US increased rolled steel imports by 14.7% m/m in March

The total import of steel for the month increased by 1.6% m/m

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India became a net importer of rolled steel products in FY2023-2024

Last year, the country imported 8.3 million tons of rolled steel, and exported 7.5 million tons

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