Belarus News — GMK Center

ICIT introduced final duties on bars from Belarus and Moldova

Masha Malonog — Wed, 02 Aug 2023 13:02:37 +0000

The Interdepartmental Commission on International Trade (ICIT) has introduced final anti-dumping measures on imports into Ukraine of carbon and other alloy steel bars originating from the Republic of Belarus and the Republic of Moldova. This is stated in the newspaper of the Cabinet of Ministers Government Courier message. The anti-dumping investigation was initiated based on […]

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The EU has extended anti-dumping duties on rebar from Belarus for another 5 years

Masha Malonog — Thu, 01 Jun 2023 08:27:28 +0000

The European Union (EU) has imposed a final anti-dumping duty on the import of rebar and wire rod from Belarus for another 5 years. Kallanish reports about it with the reference to the Official Journal of the EU. The corresponding duties were introduced in June 2017. After the expiry of the tariffs, the EU carried […]

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The European Union plans to impose a new package of sanctions on Belarus

Masha Malonog — Fri, 27 Jan 2023 09:28:38 +0000

The European Union has proposed imposing a new package of sanctions on Belarus for its role in supporting Russia’s invasion of Ukraine. Bloomberg reports about it with the reference to relevant documents. The proposed restrictions would match most of the sanctions the European Union has previously imposed on Russia, including a ban on key technology […]

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BMZ reoriented the export of steel products to alternative markets

Masha Malonog — Fri, 28 Oct 2022 10:05:21 +0000

Against the background of European sanctions, the Belarusian Metallurgical Plant (BMZ) reoriented the export of steel products to new, alternative markets. This was announced by the plant’s CEO Dmytro Korchyk, reports BMZ’s press service. “The presence of BMZ products has been increased where it was not there before. Deliveries to the Russian Federation, Africa, the […]

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The Belarusian Metallurgical Plant complains about the lack of railcars for the export of products

Masha Malonog — Thu, 13 Oct 2022 07:42:37 +0000

The management of the Belarusian Metallurgical Plant (BMZ) filed a complaint with the Minister of the Republic’s Transport against the Belarusian Railways about the lack of railcars to transport the company’s products. This is stated in the letter, reports the Belarusian railway workers’ Telegram-channel. The main part of Belarusian railway’s railcars is aimed at military […]

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Fitch downgrades Belarus’ foreign currency rating to limited default

Masha Malonog — Tue, 19 Jul 2022 09:59:12 +0000

Rating agency Fitch Ratings has downgraded Belarus’ long-term issuer default rating (IDR) in foreign currency to ‘RD’, from ‘C’ – limited default. This was reported by Interfax-Ukraine. “After the 14-day grace period for coupon payments on 2027 Eurobonds expired on July 13, we downgraded the long-term foreign currency rating of Belarus to ‘RD’, and the […]

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Orie Galvametal started designing a new galvanizing plant in Belarus

Masha Malonog — Mon, 18 Jul 2022 07:50:55 +0000

The Belarusian-Iranian enterprise Orie Galvametal has completed registration as a resident of the free economic zone Vitebsk in Belarus and has begun pre-project preparation and design of the construction of a hot-dip galvanizing plant near the village of Farinovo, Polotsk region, at one of the sites included in the free economic zone. BelTA agency informs […]

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Britain announced a ban on the import of ore and steel from Belarus

Masha Malonog — Wed, 06 Jul 2022 21:06:23 +0000

The UK has announced a new package of sanctions against Belarus, which includes a ban on the import of ore and steel. Reuters informed about it with reference to the statement of the British government. The package of sanctions for Belarus will include a ban on the import and export of goods worth about £60 […]

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EU approved the 5th package of anti-Russian sanctions

Kristina Levchuk — Fri, 08 Apr 2022 14:00:03 +0000

The European Union has approved a new package of anti-Russian sanctions. In particular, new restrictions include a ban on coal import from August, access restrictions to EU seaports, and restrictions on goods transportation by road. It is stated in the message of the European Council. A sanction package includes: a prohibition to import, or transfer […]

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Australia to impose 35% duty on products from Russia, Belarus

Kristina Levchuk — Fri, 01 Apr 2022 08:22:25 +0000

Australia will impose a 35% duty on all imports from Russia, and Belarus, from April 25, thus ratching up economic sanctions in response to the Russian invasion of Ukraine. It is stated on the official website of the Prime Minister. The Australian government has already imposed wide-ranging sanctions on over 500 individuals, and entities in […]

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Ukraine proposes EU to block transport connections with Russia, Belarus

Kristina Levchuk — Fri, 25 Mar 2022 13:10:48 +0000

The Ministry of Infrastructure of Ukraine sent an official letter to the European Union with proposals to increase the pressure on Russia, and Belarus by completely suspending transport connections with these countries. It was reported by the official Telegram channel of the Ministry of Infrastructure. “Despite the restrictive measures that have been already taken, Russian […]

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Belarus reduced transit of metals across Ukraine by one third in 11M

Vadim Kolisnichenko — Fri, 14 Jan 2022 10:01:34 +0000

According to the data provided by Ukrzaliznytsia (Ukrainian Railways) JSC’s Main Information and Computing Center, in January–November 2021, Belarus reduced transits of metal products through Ukraine by 34.5% to 398.7 thousand tons compared to the same period of the previous year. Thus, 380.4 thousand tons of metal products were shipped from the border railway station Berezhest to Odessa […]

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Ukraine introduces a 16.1% special duty on Belarusian rebar and wire rod

Vadim Kolisnichenko — Mon, 21 Dec 2020 07:01:38 +0000

The Interdepartmental Commission on International Trade (ICIT) imposed a special duty on Ukraine’s imports of Belarusian rebar and wire rod in the amount of 16.08% of the customs value, according to the ICIT decision published in the Government Gazette. The reason for imposing this special duty is that Belarus resorted to bans and/or restrictions on […]

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AMKR demands a revision of the anti-dumping duty on Belarusian bars

Aleksandr — Thu, 30 Jan 2020 07:01:43 +0000

ArcelorMittal Kryvyi Rih deems it necessary to review the December decision on setting up a zero anti-dumping duty on carbon and other alloy steel bars of the Byelorussian Steel Works (BMZ), as the investigation showed clear evidence of dumping, reported AMKR press service. AMKR pays attention to the special conditions for BMZ in the local market […]

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Investigation into bar imports from Belarus and Moldova was extended

Aleksandr — Tue, 29 Oct 2019 10:37:00 +0000

According to Interfax-Ukraine, the Interdepartmental Commission on International Trade (ICIT) decided to prolong the anti-dumping investigation into imports of bars made of carbon and other alloy steel from Belarus and Moldova to Ukraine. ICIT commenced the investigation on 2 July 2018 and has already extended it for 15 months which ended in September. Now the […]

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Interpipe to increase supplies of wrought steel wheels to Belarus

Aleksandr — Mon, 28 Oct 2019 10:37:20 +0000

According to Interpipe’s press release, the company is going to increase supplies of wrought steel wheels to Belarus Automobile Plant (BelAZ) in 2019–2020. Thus, in 2020, Interpipe will increase supplies to BelAZ more than thrice compared to 2019 — up to 20 thousand pieces. The end consumer of Ukrainian wheels will be Mogilev Railway Car Building Plant which is […]

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