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.
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