Ukrainian Railways has introduced restrictions on iron ore transportation for US Steel Kosice

Ukrainian Railways (UZ) is introducing a temporary restriction on the transportation of iron ore and sinter ore, as well as iron ore concentrate to Slovakia. This is reported by Rail.insider with reference to the railway operator’s data.

The Convention will enter into force on December 8 and will remain in force until canceled. The temporary restriction will apply to products going to the Hanyska station in Kosice via Uzhhorod to the U.S. Steel Kosice steek plant.

In November 2023, Ukrainian Railways increased the transportation of iron and manganese ore by all modes of transportation by 2.5 times compared to the same period in 2022, up to 3 million tons. In total, the railroad operator transported 14 million tons of cargo during the month, up 33.8% y/y and 4% compared to October 2023. This is a record figure since the beginning of the large-scale invasion. The growth was recorded for all types of traffic. In November, 6 million tons of cargo were transported in export traffic (+56.2% y/y).

As GMK Center reported earlier, in 2022 Ukrainian Railways reduced transportation of iron and manganese ore by 59.2% compared to 2021 – to 41.7 million tons. Volumes of transportation of ferrous metals last year decreased by 57.8% y/y – to 9.2 million tons. In total, the operator transported 150.6 million tons of cargo during the year, which is 52.1% less than in 2021.

  • Global Market

India considers increasing protective duty on steel imports to 24%

The Indian government is assessing the possibility of raising the safeguard duty on steel to…

Tuesday June 3, 2025
  • Global Market

Iron ore prices fell by 2% last week

Last week, from May 24 to 31, 2025, global iron ore prices showed a downward…

Tuesday June 3, 2025
  • Industry

Cargo owners have identified key problems when working with Ukrainian Railways

The biggest problems of cargo owners during rail transportation are the inflexibility of pricing by…

Tuesday June 3, 2025
  • Global Market

EU may speed up tariffs in response to US duties

The European Union is preparing for another round of trade talks with the United States.…

Tuesday June 3, 2025
  • State

Hetmantsev advocates currency liberalization of the National Bank

Currency restrictions imposed by the National Bank of Ukraine (NBU) should be gradually adapted to…

Tuesday June 3, 2025
  • Global Market

Eurozone inflation slowed to 1.9% in May

Inflation in the euro area in May 2025 increased by 1.9% compared to the same…

Tuesday June 3, 2025