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Photo – Steel “Ramstein”, or what EU and US can really do for Ukraine

Ukraine needs cancellation of anti-dumping duties in USA and prolongation of trade without duties with EU

Photo – Ukrainian steel sector needs the unblocking of Black Sea ports
Ukrainian steel sector needs the unblocking of Black Sea ports

Monthly losses of steel products export from Ukraine due to blocking of ports reach $420 million

Photo – The material of the future: why ferrous scrap has already become a strategic raw material
The material of the future: why ferrous scrap has already become a strategic raw material

The demand for ferrous scrap is growing due to the global development of electro steel industry in the framework of decarbonization

Photo – October was the worst month for Ukrainian iron and steel products export in 2022
October was the worst month for Ukrainian iron and steel products export in 2022

The critical situation can only be improved by opening access to seaports for cargoes from the iron and steel industry

Photo – Almost half of the expenditures of the 2023 state budget are Western aid
Almost half of the expenditures of the 2023 state budget are Western aid

The government expects next year GDP growth of 3.2% and inflation at the level of 28%

Photo – Attacks on the energy infrastructure have complicated the work of the steel sector
Attacks on the energy infrastructure have complicated the work of the steel sector

Companies in the industry are working with reduced volumes and are implementing energy saving measures

Photo – State support for industry does not correspond to the scale of losses
State support for industry does not correspond to the scale of losses

In the conditions of war, the Ukrainian government is constantly expanding credit and grant programs, but their volumes are minimal

Photo – Marginal electricity prices may increase by 50% in October 2022
Marginal electricity prices may increase by 50% in October 2022

Ukrainian industrial companies emphasize that this may lead to production stoppages

Photo – What does the eighth package of sanctions mean for the steel industry of the EU and the Russian Federation
What does the eighth package of sanctions mean for the steel industry of the EU and the Russian Federation

The European Commission expanded the list of restrictions, but postponed their entry into force until 2023-2024

Photo – European governments save steel industry from high electricity prices
European governments save steel industry from high electricity prices

Spot electricity prices vary across European countries, and governments are introducing packages of measures to overcome the energy crisis

Photo – The Cabinet of Ministers expects UAH 5.41 billion in rent payments for iron ore mining in 2023
The Cabinet of Ministers expects UAH 5.41 billion in rent payments for iron ore mining in 2023

Despite the problems with export logistics and the closed mining and proccesing plants, the government has budgeted large rents from iron ore mining in the next year

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