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Photo – Two Ukrainian steel companies were left out of the game

The suspension of the two companies will reduce export revenue of the sector by USD 200–250 million

Photo – High iron ore prices boost exports of raw materials and rolled steel
High iron ore prices boost exports of raw materials and rolled steel

Ukrainian vertically integrated companies have managed to benefit from the rising ore prices

Photo – Russia introduces quotas for scrap exports: how will it affect Ukraine?
Russia introduces quotas for scrap exports: how will it affect Ukraine?

In 2018, scrap imports amounted only to 1.3% of consumption of this raw material by Ukrainian steel companies.

Photo – Lower quotas, less steel: the EU steelmakers want tighter quotas
Lower quotas, less steel: the EU steelmakers want tighter quotas

The abolition of a 5-percent annual quota increase will make it more difficult for Ukrainian steelmakers to market their products in the EU.

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