Industry - Opinions

It is necessary to think over compensatory mechanisms to support the operation of steelmaking companies

The CBAM will cause a decrease in Ukrainian producers’ investments

The steel sector of Ukraine will be among the most affected by the imposition of the CBA

СВАМ will deprive Ukraine of competitive advantages, i.e. access to iron ore

Ukraine needs to learn how to neutralize the effects of increased protectionism in foreign markets

Ukraine cannot afford an ongoing and strict quarantine. Otherwise, the country will lose 16–20% of its GDP

Steelmaking is one of the industries where risk of default is always high

What will await Ukraine’s steel industry next year?

In 2019, Ukraine’s mining & metals sector lost profits worth $2.8 billion due to negative factors

Last time it was too painful to risk again

The stronger the hryvnia gets, the higher losses Ukraine’s steel industry suffers

The quota amount restricts Ukrainian manufacturers on the one hand. On the other hand, it protects their positions.