The EU has imported €1B worth of Russian metal products in five months, but Russian metallurgists’ profits are declining. According to Eurostat, from January to May 2025, despite sanctions, the EU imported 2.57 million tons (+1.1% compared to the same period last year) of metallurgical products from Russia, with a cost o... #EUimport #MetalImport #MetallurgyRussia #MetalProductsRussia #PigIronExport #RussianEconomy
The EU intends to increase tariffs on Ukrainian imports and has suggested an interim solution until a trade agreement is updated. The EU aims to impose higher tariffs on Ukrainian products entering its market after June 5, when the current duty-free trade arrangement will end. The Ukrainian government estimates that reverting to... #DutyTariff #EUimport #EUmarket #TradeAgreement #UkraineExport #VisaFreeTrade
The EU has shifted its focus from Russia to China in the procurement of rare earth metals. In recent years, China has solidified its position as the EU’s primary supplier of rare earth elements, while Russia has lost its market share. In 2020, EU countries imported 10,700 tons of rare... #China #CriticalRawMaterial #EUimport #EuropeanUnion #MineralsImport #Rareearthminerals
