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Photo – The Parliament to consider a draft law on extending the scrap export duty
The Parliament to consider a draft law on extending the scrap export duty

The authors propose to extend restrictions for another five years

Photo – Steelmakers advocate for extension of the scrap exports duty for another 5 years
Steelmakers advocate for extension of the scrap exports duty for another 5 years

Extension of that safeguard will make it possible to settle the situation around provision of steel companies with raw materials

Photo – Ukraine cut exports of pipes by 79% in January
Ukraine cut exports of pipes by 79% in January

Export revenues fell by 78.9% over the month

Photo – Steelmakers advocate for extension of duty on scrap exports
Steelmakers advocate for extension of duty on scrap exports

That protective measure expires in September 2021

Photo – The number of import restrictions grew by 8% in 2020 globally
The number of import restrictions grew by 8% in 2020 globally

Protectionism causes huge problems for Ukraine’s export-oriented economy

Photo – Duties on wire rod did not stop imports from Moldova
Duties on wire rod did not stop imports from Moldova

Ukraine’s imports of wire rod increased by 20.3% to 72.6 thousand tons in 2020

Photo – Ukraine’s rebar exports fell by 28% in 2020
Ukraine’s rebar exports fell by 28% in 2020

At the same time, imports of these metal products decreased by only 16.4%

Photo – Zaporizhstal started exporting rolled stock to China in 2020
Zaporizhstal started exporting rolled stock to China in 2020

Shipments of semi-finished products to the U.S. and China also showed growth

Photo – Ukraine increased exports of semi-finished products by 6.3% in 2020
Ukraine increased exports of semi-finished products by 6.3% in 2020

Steelmakers increased shipments of semi-finished products by 16% in December

Photo – Ukraine’s exports of ferroalloys declined by 25% in 2020
Ukraine’s exports of ferroalloys declined by 25% in 2020

In December, steelmakers reduced ferroalloys exports by 19.6%

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