Opinions

Tightening trade defenses against Ukrainian steel would impose heavy economic consequences while delivering little benefit to the European market

CBAM and steel import quotas were designed to protect European producers, but now they risk hurting a future EU member’s industrial backbone

Ukraine needs a similar strategic plan not only for the development but also for the support of the steel industry

Depending on the scenario, the direct impact of rising energy and fertilizer prices is estimated at $1.5–3.2 billion

Ukraine does not have excess production capacity

The European Commission has acknowledged the issue regarding the use of default emission values, and it will be resolved in the near future

Amendments to draft laws No. 13414 and 13415 provide for income tax exemptions and incentives for the import of equipment

At the same time, logistics costs rose by 15–20% over the same period

Due to the high cost of electricity, which accounts for 53% of production costs, the operation is unprofitable

At the same time, demand for related hot-dip galvanizing services increased by more than 12% last year

Due to the current shortcomings in procedures and the lack of necessary clarification from the European Commission, Ukrainian producers of green steel are already losing customers and contracts

The company's key export sales to the EU are now at risk