(c) Unian
The State Statistics Service of Ukraine reported a 11.4% drop in the country’s real GDP in Q2 2020 compared to the same period a year earlier.
Real GDP declined by 9.9% against the previous quarter.
GMK Center earlier reported that the National Bank of Ukraine forecasted a 11% economic recession in Q2 2020 compared to the same period of the previous year.
The key recession factors include quarantine restrictions imposed on certain economic activities and a decline in agricultural production due to delayed harvesting.
The European Commission (EC) has approved €400 million in state aid to Spain for the…
The transition to direct reduced iron (DRI) steelmaking technologies based on clean hydrogen and carbon…
Spot offers for Mn 65% silicomanganese in China fell by $6/t from April 14 to…
South Korean giants POSCO Holdings Inc. and Hyundai Motor Group are joining forces to implement…
The Interdepartmental Commission on International Trade (ICIT) initiated an anti-dumping investigation into imports of coated…
India has imposed a temporary 12% safeguard duty on certain steel imports to combat cheap…