Taiwan and South Korea took their place among the largest steel suppliers of the EU

Russia and Ukraine, which were among the biggest steel suppliers of the European Union, were replaced by Taiwan and South Korea after the war. Before the Russian invasion of Ukraine, Russia and Ukraine were accounted for 20% of Europe's imports of finished steel products. After the Russia-Ukraine war, Taiwan and South Korea became one of the EU's largest steel suppliers, replacing Russia and Ukraine. Other countries that are the biggest steel suppliers of the European Union are Turkey, India and China. The five major steel suppliers of the European Union account for 51% of total exports to the EU.