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Photo – Defending the home front: how Ukraine is countering the decline of its domestic steel market

In the first five months of 2026 alone, 43,000 tons of Chinese wire rod were imported into the country

Photo – EU trade restrictions could bring steel exports from Ukraine to a complete halt
EU trade restrictions could bring steel exports from Ukraine to a complete halt

Protectionism has always been one of the key challenges facing the Ukrainian steel industry over the past 20 years

Photo – Ukraine continues to explore ways to mitigate the impact of the CBAM on the economy
Ukraine continues to explore ways to mitigate the impact of the CBAM on the economy

The main challenges lie in working with the European Commission, while the European Parliament supports Ukraine's position

Photo – The volume of new industrial real estate coming online in Ukraine is growing by 20% annually
The volume of new industrial real estate coming online in Ukraine is growing by 20% annually

Current plans for industrial real estate construction already exceed pre-war levels

Photo – The first few months of CBAM implementation have already had a negative impact on the Ukrainian steel industry
The first few months of CBAM implementation have already had a negative impact on the Ukrainian steel industry

In the first quarter alone, Ukrainian steelmakers lost more than 1.1 million tons of export orders for steel products

Photo – Industrial Accelerator Act: how the new industrial policy will affect the EU steel market
Industrial Accelerator Act: how the new industrial policy will affect the EU steel market

The Industrial Accelerator Act ultimately takes a broader approach to the Made in Europe policy

Photo – What losses did the war cause to the Ukrainian economy and iron and steel industry?
What losses did the war cause to the Ukrainian economy and iron and steel industry?

Since the start of the war, Ukraine's direct losses have exceeded $195 billion, with total economic losses amounting to $1.7 trillion

Photo – Steel consumption in Ukraine increased by 12% in 2025
Steel consumption in Ukraine increased by 12% in 2025

Steel trading companies recorded an average increase in sales of 10–15% in real terms

Photo – Over five years, Ukrainian steelmakers paid $5.9 billion in taxes and fees
Over five years, Ukrainian steelmakers paid $5.9 billion in taxes and fees

According to last year's results, contributions to budgets at all levels from companies in the industry increased to UAH 33.1 billion

Photo – GMK Center’s 2026 Forecast: Iron & Steel
GMK Center’s 2026 Forecast: Iron & Steel

The baseline scenario assumes neutral crude steel output dynamics

Photo – Restrictions on scrap exports in Ukraine: history, current situation, and essence of the problem
Restrictions on scrap exports in Ukraine: history, current situation, and essence of the problem

The €180/tonne duty failed to completely curb raw material exports, so the government and industry associations proposed a new solution

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