Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
✅ Ukraine’s flat steel exports fell 13.2% m/m in February.
✅ Weak demand and logistical issues impacted shipments.
✅ Exporters expect gradual recovery, but competition remains tough.
Exports of flat steel products from Ukraine dropped by 13.2% month-on-month (m/m) in February 2025, reflecting weak international demand and logistical constraints. According to industry data, Ukraine shipped 395,000 metric tonnes (MT) of flat steel during the month, compared to 455,000 MT in January 2025.
The decline was mainly attributed to slow recovery in key European markets and supply chain disruptions due to geopolitical tensions. Additionally, higher energy costs and global steel price fluctuations have affected Ukraine’s competitiveness in export markets.
Despite the drop, industry experts anticipate a gradual improvement in coming months as trade routes stabilize and demand recovers. However, increased competition from Asian and Middle Eastern suppliers could further challenge Ukrainian exporters.
Also Read : JSW Steel plans to source coking coal from Mongolia to diversify supply Q3 GDP data today: India's FY24 GDP pegged at 7.3%, H2FY24 growth to ease on lower capex, says NSE Report
Renowned Hollywood actor Michael Sheen has made headlines for a heartwarming act of generosity. Foll...
Business 10-Mar-2025
Tata Steel urged to lead global sourcing of steelmaking raw materials. Move aims to secure supplies...
Business 28-Apr-2025
POSCO has selected thyssenkrupp Uhde to design and supply a new low-emission coke oven battery...
South Korea 15-Apr-2026
Vedanta Ltd announced that it has acquired two significant mining blocks that have been placed up fo...
Large Corporate 22-Jul-2024
As imports from China continued to soar, up 80% or more on a year-over-year basis, India's steel tra...
Business 27-Feb-2024
Steel ramps up Kalinganagar plant capacity from 3 MTPA to 8 MTPA Expansion includes new cold ro...
Business 27-May-2025