ANNOUNCEMENT: review of the economy «What prevents steel production from growing?»

On October 15, the Center for Economic Strategy (CES) together with the German Economic Team (GET) invites you to the review of the economy in September with a special topic: «What prevents steel production from growing?».

Ukrainian steel industry adapted to work in conditions of full-scale Russian aggression. According to the Center of Central and Eastern Europe, during the eight months of 2024, the production of the main types of steel products increased by 21-31% year-on-year. At the same time, world prices for iron ore have fallen by 36% since the beginning of the year, the cost of steel currently hovers at $420/t, which is due, in particular, to pressure on the global market for cheaper Chinese products.

Experts will discuss what factors prevent Ukrainian steelmakers from working at full capacity. In particular, it will be about the state of production facilities, security risks, logistics and adverse conditions on world markets.

In addition, as part of the traditional format, CES experts will review the main changes in the country’s economy for September.

Event schedule:

17.00 – 17.05 – opening speech, Gary Polushkin, project manager of GET in Ukraine,

17.05– 17.30 – overview of the Ukrainian economy in September, the CES team,

17.30 – 18.30 – discussion of a special topic.

Invited panelists:

• Stanislav Zinchenko, CEO of GMK Center,
• Oleksandr Kalenkov, president of the association of enterprises “Ukrmetalurgprom”,
• Valery Tkachev, Deputy Director of the Ukrainian Railways’ Department of Commercial Work (participation to be specified),
• Ijit Tahmisoglu, energy and climate policy analyst at Berlin Economics;
• representative of «ArcelorMittal Kryvyi Rih» (participation to be specified).

The moderator of the discussion is Hleb Vyshlinskyi, executive director of CES.

The event will be held in Ukrainian with simultaneous translation into English on the Zoom platform. Registration is available by link.

The media partner of the event is GMK Center.