31
May
12:42
EU’s Russia-origin ferrous imports drop, but semis increase
The EU reduced imports of steel products and ferrous raw materials from Russia in January-March, show Eurostat data. However, semi-finished products intake increased.
Volumes amounted to 1.11 million tonnes, down by 18.4% on-year, Kallanish notes. Revenue generated by these shipments decreased 12% to $583.3 million.
The main share of imports was taken by semi-finished products – 78.7% of total supply. Semis intake grew 4.2% on-year to 874,100t. Belgium…
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Anonymous
Very good overview of the weekly steel market.
Anonymous