EU External Trade - Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99,94|%, in lumps, pellets or similar forms, Ferrous products obtained by direct reduction of iron ore

Extra-EU sourcing of Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99,94|%, in lumps, pellets or similar forms, Ferrous products obtained by direct reduction of iron ore is highly concentrated. 🇷🇺 Russia captures 47.2% of imports (€1.6B), followed by 🇺🇸 United States (19.7%). With an HHI of 2917, this Concentrated market exposes the EU to supply dependency risks.

European exports of Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99,94|%, in lumps, pellets or similar forms, Ferrous products obtained by direct reduction of iron ore are concentrated on a few markets. 🇹🇷 Türkiye accounts for 52.0% (€17.3M), ahead of 🇺🇸 United States (23.1%). The top three destinations are 🇹🇷 Türkiye, 🇺🇸 United States, 🇲🇦 Morocco.

Within the EU, the leading importers of Ferrous products obtained by direct reduction of iron ore and other spongy ferrous products, in lumps, pellets or similar forms; iron having a minimum purity by weight of 99,94|%, in lumps, pellets or similar forms, Ferrous products obtained by direct reduction of iron ore are 🇮🇹 Italy, 🇦🇹 Austria, 🇩🇪 Germany. 🇮🇹 Italy accounts for 36.9% of EU imports.

In 2025, imports were declining (-14.3%) and exports falling sharply (-62.3%) compared to the previous year.