Ukraine

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The steel consumption in Ukraine decreased by 55%: market review based on the results of 2022

The main decline in the consumption of steel products occurred in the construction sector

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European steelmakers reduced steel production in November 2022

In Germany, steel output fell by 11.8% m/m, in Italy – by 7.9% m/m

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The government discusses the possibility of using electricity imports for business

Currently, the technical possibilities for importing electricity to Ukraine are measured at 800 MW

Ukrenergo’s electricity transmission tariff will increase in three stages in 2023

The regulator also predicted a three-stage increase in the Ukrenergo dispatch tariff

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The export of steel products from Ukraine amounted to $5.7 billion in January-November 2022

For 11 months of 2022, the turnover reached $90.1 billion

The Ministry of Economy will work on expanding Ukrainian exports in 2023

The government will try to extend the duty-free trade regimes with the EU, USA and the UK

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Turkiye imported 77,000 tons of iron ore from Ukraine in October 2022

In January-October 2022, the import of Ukrainian iron ore by Turkiye decreased by 39.1%

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Turkiye increased imports of pig iron from Ukraine by 85% y/y in October 2022

In January-October 2022, deliveries of Ukrainian pig iron to Turkish steelmakers decreased by 43.9% year-on-year

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MENA region lost 1.7 million tons of iron ore due to the blocking of Ukrainian ports – Stanislav Zinchenko

Only the unblocking of the Black Sea ports will allow to return iron ore from Ukraine to the market of the Middle East and North Africa

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Prices for rolled steel will increase in early 2023 — Vartis

In 2022, the price of steel on world markets fell by 22% compared to 2021

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Ukraine has the opportunity to increase the supply of iron ore to Slovakia — the Ministry of Economy

In 9 months of 2022, the turnover between the countries increased by 30%

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EEU extended the anti-dumping duty on ferrosilicomanganese from Ukraine

The amount of customs duty on ferrosilicomanganese from Ukraine is 26.35% of the customs value

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