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Photo – The EU energy crisis restrains the export of European steel to the USA
The EU energy crisis restrains the export of European steel to the USA

US consumers avoid purchases of imported steel amid low domestic prices and short delivery times

Photo – Forecasts of steel demand in Europe restrain the growth of US exports
Forecasts of steel demand in Europe restrain the growth of US exports

European steel buyers are already looking for suppliers in Southeast Asia

Photo – Steel Dynamics completed the acquisition of ROCA
Steel Dynamics completed the acquisition of ROCA

Acquisition of a Mexican company significantly strengthens Steel Dynamics' strategy for purchasing scrap in the region

Photo – The US is introducing anti-dumping duties on Russian OCTG pipes
The US is introducing anti-dumping duties on Russian OCTG pipes

Customs duties on oil production pipes produced in the Russian Federation are declared in the range of 12.8%-184.2%, depending on the producer

Photo – Slab imports to the US decreased by 47.7% y/y in August 2022
Slab imports to the US decreased by 47.7% y/y in August 2022

Imports fell by 17.3% compared to July 2022

Photo – Ukraine expects an additional $12.3 billion in support from the United States
Ukraine expects an additional $12.3 billion in support from the United States

The draft law will soon be sent to the House of Representatives for consideration and the signature of the US President

Photo – The USA increased steel imports by 8.8% y/y in January-August 2022
The USA increased steel imports by 8.8% y/y in January-August 2022

Imports of finished steel products to the USA for 8 months of 2022 increased by 28.7% y/y

Photo – US steel producers forecast a decline in profits in the third quarter of 2022
US steel producers forecast a decline in profits in the third quarter of 2022

Steelmakers explain this by a drop in the price and volume of rolled steel shipments

Photo – Alpha Metallurgical Resources will deliver 4.5 million tons of coking coal to the US market in 2023
Alpha Metallurgical Resources will deliver 4.5 million tons of coking coal to the US market in 2023

The company is not yet commenting on pricing as further discussions are ongoing

Photo – The share of imports in the rolled steel market in the USA is estimated at 23% in August 2022
The share of imports in the rolled steel market in the USA is estimated at 23% in August 2022

The permitted volume of rolled steel imports into the United States in August 2022 was 2.063 million tons

Photo – International partners have provided $17.5 billion in aid to Ukraine since the beginning of the war
International partners have provided $17.5 billion in aid to Ukraine since the beginning of the war

In the coming months, the next tranche of macro-financial assistance from the European Union in the amount of €8 billion is expected

Photo – The USA increased steel imports by 10% in January-July
The USA increased steel imports by 10% in January-July

The import of finished steel products increased by 31.8% in the first half of 2022

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