EU increases imports of Russian steel and metals: Belgium and Germany are the leaders

27.05.2024, Moscow.

Due to a sharp increase in demand from Belgium and Germany, imports of Russian iron, steel and aluminum to the European Union increased in March 2024, RIA Novosti wrote on May 27, quoting EU’s statistics data.

Russia has become the second-largest supplier of iron and steel to the EU, increasing exports 1.7 times in monthly terms to 328 million euros. This is the maximum since May 2023, when EU countries bought these metals for 369 million euros.

Belgium was the leader in purchases, increasing 3.5 times to 130.5 million euros. This is the largest purchase for the country since June 2022. Italy increased its imports by 25% to 85 million euros, while Denmark increased by 30% to 35.1 million euros. The Czech Republic (23 million euros) and the Netherlands (20 million euros) were also among the top five buyers.

Aluminum imports to the EU from Russia increased by 29% to 91.4 million euros, the highest since October 2023. The increase was due to a fivefold increase in purchases by Germany, to 22.4 million euros. Spain increased its imports by 69% and Poland by 21%.

Source: Rossa Primavera News Agency