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EUROFER: EU's finished steel exports u-金属板材展-线材展-金属加工展-2025第二十五届广州国际金属板材、棒材、线材及金属加工、配套设备展-THE 25th CHINA(GUANGZHOU) INTERNATIONAL PLATEMETAL, BAR, WIRE, METAL PROCESSING & SETTING EQUIPMENT EXHIBITION
11/4/2024 金属板材展-线材展-金属加工展-plate metal expo-wire expo |
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According to the Economic and Steel Market Outlook 2024-2025/04 2024 Report from the Economic Commitee of the EuropeanSteel Association (EUROFER). total exports of steel products of EU countries to foreian markets increased by six percent in thesecond quarter of 2024, after a smallincrease of one percent in the first auarter. Finished. fat and long product exports arew bvfour percent, six percent and one percent, respectively.
Over the first seven months of 2024, total exports rose by six percent, as well as exports of finished products with an increase ofseven percent, as a result of an eight percent increase in flat products and a six percent increase in long products. During thesame period, flat products accounted for 65.0 percent of finished product exports overall.
According to the information released by EUROFER, in the january-July period the main destinations for EU steel exports werethe UK, the US, Turkey, Switzerland. China and Eavot. The first five destinations together accounted for 56.0 percent of total Eufinished product exports. Among the maior export desinations, the UAE''s finished product imports from the EU increased by 91.0percent, while exports to Ukraine went down by 14.0 percent due to war-related disruptions. Destination countries which recordedyear-on-year increases in finished steel exports from the EU were the US with 35.0 percent, china with 16.0 percent. Norway withseven percent, and the UK and Turkey with four percent each. Exports to Switzerland and Egypt declined by seven percent and12.0 percent year on year. respectively.
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