Ukrainian exporters earned $1.86 billion on supplies of iron ore to China in January–June
Steelmakers expect a drop in demand by over 50% in the next two quarters
Rebar prices stopped falling, though with no long-term prospects for demand improvement
The suspension of the two companies will reduce export revenue of the sector by USD 200–250 million
Ukrainian vertically integrated companies have managed to benefit from the rising ore prices
In 2018, scrap imports amounted only to 1.3% of consumption of this raw material by Ukrainian steel companies.
The abolition of a 5-percent annual quota increase will make it more difficult for Ukrainian steelmakers to market their products in the EU.