9,765.12 TRY BIST 100 BIST 100
35.13 USD USD USD
36.48 EUR EUR EUR
4.84 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
43.50 TRY Interest Interest
72.45 USD Fossil Oil Fossil Oil
29.03 USD Silver Silver
4.09 USD Copper Copper
100.71 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,600.46 TRY Gold (gr) Gold (gr)

EU DRI imports increase in the January-June period

According to data from the European Statistics Office (Eurostat), the European Union (EU) imported 1.35 million tonnes of direct reduced iron (DRI) in the first half of 2024, increased by 0.4% y/y.

EU DRI imports increase in the January-June period

Germany, the top importer in the period, saw its imports decrease by 1.1% y/y to 342,450 tonnes, followed by Italy with a 30.7% drop to 338,890 tonnes, the Netherlands with a 344% increase to 122,100 tonnes and Belgium with a 42.4% decrease to 105,810 tonnes.

EU imports most DRI from Russia

Russia remains the EU's largest DRI supplier, with Russian companies exporting 579,170 tonnes of DRI to the EU in the January-June period, although this represents a 14.4% decrease from the previous year. Italy was the largest buyer of Russian DRI with 314,260 tonnes.

Libya and Venezuela were also among the important suppliers. Libya's exports decreased by 5.3% to 245,430 tonnes, while Venezuela's exports decreased by 29.9% to 64,380 tonnes.

In June, total EU DRI imports reached 164,930 tonnes, decreased by 18.4% y/y. Total EU DRI imports in 2023 were recorded at 2.61 million tonnes, decreased by 11% y/y, while in December 2023 imports increased by 19.9% m/m and by 146.5% y/y.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Dofer Yapı expands Karabük factory: Receives 31.6 million TL investment incentive certificate

Sunday, December 22, 2024

Europe's crude steel production increased

Wednesday, December 18, 2024

Kardemir's 'Power Plant' has been commissioned

Sunday, December 22, 2024

Hasçelik becomes the leader in cold bar exports in 2023

Sunday, December 22, 2024

European car sales decreased by 2% in november

Sunday, December 22, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now