trade News — GMK Center https://gmk.center/en/tag/torgivlya-en/ This is an informational-analytical, discussion platform Wed, 27 May 2026 09:14:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://gmk.center/wp-content/uploads/2018/11/android-chrome-256x256-36x36.png trade News — GMK Center https://gmk.center/en/tag/torgivlya-en/ 32 32 <![CDATA[Five EU countries are calling for the bloc to strengthen its trade defenses]]> https://gmk.center/en/news/five-eu-countries-are-calling-for-the-bloc-to-strengthen-its-trade-defenses/ Wed, 27 May 2026 09:13:42 +0000 https://gmk.center/?post_type=news&p=124143 Five EU countries—France, Italy, Spain, the Netherlands, and Lithuania—are calling for the bloc to strengthen its trade measures to provide more effective protection against cheap imports that threaten EU industry, with Chinese goods in mind. This was reported by Reuters. The initiative came ahead of internal debates within the European Commission regarding relations with China, […]

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]]> <![CDATA[ANNOUNCEMENT: conference on «Trade wars: the art of defense»]]> https://gmk.center/en/news/announcement-conference-on-trade-wars-the-art-of-defense/ Thu, 23 Apr 2026 11:03:10 +0000 https://gmk.center/?post_type=news&p=122880 On May 20, Kyiv will host the conference “Trade Wars: The Art of Defense,” organized by the law firm “Ilyashev & Partners” in collaboration with DONE® and the publishing house “Yuridicheskaya Praktika.” Participants are invited to discuss the most pressing issues in international trade. The path to the EU, border closures, changes in export structures, […]

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]]> <![CDATA[British automakers are seeking clarification on the «Made in the EU» rule]]> https://gmk.center/en/news/british-automakers-are-seeking-clarification-on-the-made-in-the-eu-rule/ Thu, 16 Apr 2026 08:37:19 +0000 https://gmk.center/?post_type=news&p=122637 The British automotive industry group SMMT is seeking clarification on whether the UK will be subject to the “Made in the EU” rule under the EU’s Industrial Accelerator Act (IAA) policy, according to Reuters. The industry group notes that the ambiguity carries the risk of delaying investments. According to SMMT Executive Director Michael Hawes, the […]

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]]> <![CDATA[Ukraine’s foreign trade deficit in goods increased 1.5 times in January-September]]> https://gmk.center/en/news/ukraine-s-foreign-trade-deficit-in-goods-increased-1-5-times-in-january-september/ Mon, 17 Nov 2025 13:10:50 +0000 https://gmk.center/?post_type=news&p=116104 Ukraine’s negative foreign trade balance in goods in January-September 2025 increased by 50% year-on-year, from $20.4 billion to $30.62 billion, according to data from the State Statistics Service (SSS). Exports of goods from Ukraine in the first nine months fell by 4.1% year-on-year to $29.57 billion, while imports rose by 17.5% to $60.19 billion. In […]

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]]> <![CDATA[Germany’s Klöckner sells eight service centers in the US]]> https://gmk.center/en/news/germany-s-klockner-sells-eight-service-centers-in-the-us/ Mon, 29 Sep 2025 12:35:46 +0000 https://gmk.center/?post_type=news&p=113859 German steel producer and distributor Klöckner & Co. is selling eight distribution facilities in the US, Bloomberg reports, citing a statement from the company. Seven of them, located in Texas, North Carolina, Iowa, and Georgia, will be acquired by Canada’s Russel Metals for nearly $119 million. The deal will result in a balance sheet profit […]

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]]> <![CDATA[Eurometal calls on the EC to clarify CBAM rules without delay]]> https://gmk.center/en/news/eurometal-calls-on-the-ec-to-clarify-cbam-rules-without-delay/ Mon, 29 Sep 2025 10:12:35 +0000 https://gmk.center/?post_type=news&p=113843 Eurometal, an association representing European distributors of steel, pipes, and steel products, has called on European Commissioner for Trade Maroš Šefčovič to immediately clarify the rules of the Carbon Border Adjustment Mechanism (CBAM). According to the association’s statement, it is unlikely that the emission benchmarks, default values, and methodologies will be published before early 2026. […]

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]]> <![CDATA[Ukraine’s trade turnover in 1Н2025 amounted to $58.3 billion]]> https://gmk.center/en/news/ukraine-s-trade-turnover-in-1n2025-amounted-to-58-3-billion/ Wed, 09 Jul 2025 08:19:02 +0000 https://gmk.center/?post_type=news&p=111175 Ukraine’s trade turnover for January-June 2025 amounted to $58.3 billion, according to data from the State Customs Service. During this period, goods worth $38.3 billion were imported into Ukraine, while exports amounted to $20 billion. Taxable imports amounted to $28.9 billion, which is 76% of the total volume of imported goods. Among the countries from […]

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]]> <![CDATA[Canada extends preferential treatment for goods from Ukraine for a year]]> https://gmk.center/en/news/canada-extends-preferential-treatment-for-goods-from-ukraine-for-a-year/ Mon, 09 Jun 2025 08:01:11 +0000 https://gmk.center/?post_type=news&p=109982 The Government of Canada has extended for the next 12 months the resolution that provides for the abolition of customs duties on imports of Ukrainian goods. This is stated in the message of the Ministry of Economy. Ukrainian goods will continue to have duty-free access to the Canadian market until June 9, 2026. The extension […]

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]]> <![CDATA[EU launches surveillance tool to protect against trade diversion]]> https://gmk.center/en/news/eu-launches-surveillance-tool-to-protect-against-trade-diversion/ Mon, 09 Jun 2025 07:15:02 +0000 https://gmk.center/?post_type=news&p=109976 The European Commission has created a new surveillance tool to help protect the bloc from sudden and potentially disruptive import surges. This is stated in the report of the institution. The system is aimed at preventing harmful trade diversion, which occurs when a significant amount of goods that cannot enter other markets due to high […]

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]]> <![CDATA[EU extends suspension of steel safeguard measures for Ukraine]]> https://gmk.center/en/news/eu-extends-suspension-of-steel-safeguard-measures-for-ukraine/ Thu, 05 Jun 2025 12:29:26 +0000 https://gmk.center/?post_type=news&p=109910 The EU Council has adopted a resolution to extend the suspension of EU safeguard measures for Ukraine on iron and steel. As noted, the goal is to alleviate the difficulties faced by Ukrainian producers and exporters as a result of the war. At the same time, it is noted that the European Commission will be […]

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]]> <![CDATA[Extension of duty-free regime for Ukrainian steel products is extremely important – Interpipe]]> https://gmk.center/en/news/extension-of-duty-free-regime-for-ukrainian-steel-products-is-extremely-important-interpipe/ Thu, 22 May 2025 13:03:27 +0000 https://gmk.center/?post_type=news&p=109366 The extension of the ‘trade visa-free regime’ with the EU for Ukrainian steel products for another three years is extremely important for the domestic steel industry in the medium term. This opinion was expressed by Denys Morozov, First Deputy CEO of Interpipe, in a blitz interview with Interfax-Ukraine. He noted that this is only the […]

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]]> <![CDATA[EU-Ukraine trade visa-free regime to end in June – Tusk]]> https://gmk.center/en/news/eu-ukraine-trade-visa-free-regime-to-end-in-june-tusk/ Wed, 21 May 2025 07:59:23 +0000 https://gmk.center/?post_type=news&p=109304 On June 5, the EU will cancel the preferential regime of autonomous trade measures (ATMs) in trade with Ukraine. This was announced in the Sejm by Polish Prime Minister Donald Tusk, RMF24 reports. According to Tusk, after taking office as prime minister, he almost immediately initiated a campaign to convince the European Union to abandon […]

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]]> <![CDATA[Ukraine’s foreign trade deficit increased almost 1.6 times in Q1]]> https://gmk.center/en/news/ukraines-foreign-trade-deficit-increased-almost-1-6-times-in-q1/ Fri, 16 May 2025 11:57:56 +0000 https://gmk.center/?post_type=news&p=109163 The negative balance of Ukraine’s foreign trade in goods in the first quarter of 2025 increased by 57.7% year-on-year to $8.515 billion from $5.399 billion. This was reported by the State Statistics Service (Ukrstat). According to the State Statistics Service, exports of goods from Ukraine in January-March decreased by 6.9% y/y – to $9.953 billion. […]

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]]> <![CDATA[Additional CBAM costs will complicate steel trading from 2026]]> https://gmk.center/en/news/additional-cbam-costs-will-complicate-steel-trading-from-2026/ Mon, 12 May 2025 12:32:46 +0000 https://gmk.center/?post_type=news&p=108974 The European steel industry is still not fully prepared for the gradual implementation of the carbon border adjustment mechanism (CBAM). Additional costs under the mechanism could lead to difficulties in steel trade starting in 2026. This was discussed at the Made in Steel exhibition in Italy, Fastmarkets reports. The mechanism will finally come into force […]

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]]> <![CDATA[British steel industry needs to clarify the timing of US zero tariffs]]> https://gmk.center/en/news/british-steel-industry-needs-to-clarify-the-timing-of-us-zero-tariffs/ Mon, 12 May 2025 08:59:22 +0000 https://gmk.center/?post_type=news&p=108940 At the end of last week, the British steel sector called for clarity on when US steel tariffs will be lifted as part of a trade deal between the parties. This is reported by Reuters. On May 8, the British government announced an agreement with the United States. As it was said, it was agreed […]

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]]> <![CDATA[European Parliament supports extension of duty-free regime for Ukrainian steel]]> https://gmk.center/en/news/european-parliament-supports-extension-of-duty-free-regime-for-ukrainian-steel/ Thu, 08 May 2025 15:04:28 +0000 https://gmk.center/?post_type=news&p=108875 On May 8, the European Parliament supported the extension of the suspension of import duties and quotas on certain goods from Ukraine, including steel products. This is stated in the report of the EU legislative body. According to the decision, the preferential regime will be extended for another three years, until June 2028. The current […]

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]]> <![CDATA[Turkey reduced iron & steel products imports from Ukraine by 64% y/y in Q1]]> https://gmk.center/en/news/turkey-reduced-iron-steel-products-imports-from-ukraine-by-64-y-y-in-q1/ Wed, 16 Apr 2025 07:38:34 +0000 https://gmk.center/?post_type=news&p=107942 In January-March 2025, Turkey reduced imports of iron & steel products (iron ore, pig iron, ferroalloys, semi-finished products, scrap, rolled steel) from Ukraine by 64.3% compared to the same period in 2024, to 150.54 thousand tons. This is based on GMK Center’s calculations based on the State Customs Service data. Iron ore and semi-finished products […]

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]]> <![CDATA[Ukraine’s foreign trade deficit grew by 76.6% y/y in January-February]]> https://gmk.center/en/news/ukraines-foreign-trade-deficit-grew-by-76-6-y-y-in-january-february/ Tue, 15 Apr 2025 10:26:30 +0000 https://gmk.center/?post_type=news&p=107902 The negative balance of Ukraine’s foreign trade in goods in January-February 2025 increased by 76.6% year-on-year – to $5.014 billion. This is stated in the report of the State Statistics Service. According to the State Statistics Service, exports of goods from the country in the period decreased by 13% compared to January-February 2024 – to […]

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]]> <![CDATA[Transport visa-free regime between Ukraine and the EU extended until the end of 2025]]> https://gmk.center/en/news/transport-visa-free-regime-between-ukraine-and-the-eu-extended-until-the-end-of-2025/ Thu, 10 Apr 2025 11:39:40 +0000 https://gmk.center/?post_type=news&p=107684 Ukraine and the European Union have automatically extended the “transport visa-free regime” – the Agreement on the Liberalization of Freight Transport – until December 31, 2025. This became possible due to the effective implementation of the agreements, the positive impact on the economies of both parties and compliance with all the terms of the Agreement, […]

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]]> <![CDATA[Ukraine seeks to maintain «trade visa-free regime» with the EU until the end of 2025]]> https://gmk.center/en/news/ukraine-seeks-to-maintain-trade-visa-free-regime-with-the-eu-until-the-end-of-2025/ Thu, 10 Apr 2025 09:27:31 +0000 https://gmk.center/?post_type=news&p=107652 At a meeting of the Association Council, Ukraine emphasized the importance of extending the EU’s autonomous trade preferences until the end of 2025. This was reported by the Office of the Deputy Prime Minister for European and Euro-Atlantic Integration Olha Stefanishyna. The Ukrainian side also emphasized the importance of revising the provisions on the Deep […]

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]]> <![CDATA[Ukraine has exported goods worth almost $9.9 billion since the beginning of the year – Ministry of Economy]]> https://gmk.center/en/news/ukraine-has-exported-goods-worth-almost-9-9-billion-since-the-beginning-of-the-year-ministry-of-economy/ Thu, 03 Apr 2025 09:17:48 +0000 https://gmk.center/?post_type=news&p=107311 In January-March 2025, Ukraine exported goods worth almost $9.9 billion. This was announced by Taras Kachka, Deputy Minister of Economy of Ukraine, Trade Representative of Ukraine. In March, exports from Ukraine reached more than $3.6 billion, which is 4.5% more than in March last year and 18% more than in February this year. “Despite the […]

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]]> <![CDATA[The EU exported steel products worth €77.8 billion in 2024]]> https://gmk.center/en/news/the-eu-exported-steel-products-worth-e77-8-billion-in-2024/ Fri, 14 Mar 2025 08:27:19 +0000 https://gmk.center/?post_type=news&p=106354 In 2024, the European Union exported €77.8 billion worth of iron, steel and related products, while imports amounted to €73.1 billion, which corresponds to a trade surplus of €4.7 billion. This was reported by Eurostat. Compared to 2019, trade in the respective products increased significantly – exports increased by 15.2% (+ €10.3 billion) and imports […]

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]]> <![CDATA[European Commission proposes to extend duty-free imports of Ukrainian steel]]> https://gmk.center/en/news/european-commission-proposes-to-extend-duty-free-imports-of-ukrainian-steel/ Mon, 10 Mar 2025 13:23:25 +0000 https://gmk.center/?post_type=news&p=106129 The European Commission (EC) has taken the initiative to continue supporting the Ukrainian steel industry by leaving the current exemption from trade restrictions on steel imports from Ukraine to the EU unchanged. The relevant regulation provides for the further suspension of certain provisions of Regulation (EU) 2015/478, according to a press release from the EC. […]

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]]> <![CDATA[European Commission presents EU competitiveness strategy]]> https://gmk.center/en/news/european-commission-presents-eu-competitiveness-strategy/ Thu, 30 Jan 2025 10:10:17 +0000 https://gmk.center/?post_type=news&p=104779 The European Commission (EC) has presented a strategy for an innovative and environmentally friendly EU economy – the Competitiveness Compass. The EC characterized the presented strategy as the first major initiative of this mandate of the European Commission, its economic doctrine for the next five years. As noted, over the past two decades, Europe has […]

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]]> <![CDATA[US steelmakers support Trump’s trade policy]]> https://gmk.center/en/news/us-steelmakers-support-trumps-trade-policy/ Wed, 22 Jan 2025 09:07:30 +0000 https://gmk.center/?post_type=news&p=104501 The American Iron and Steel Institute (AISI) has supported US President Donald Trump’s America First trade policy. This is stated in a statement by AISI. Kevin Dempsey, President and CEO of the American Iron and Steel Institute, said: “AISI applauds the President’s commitment to view trade policy as a critical component of national security and […]

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]]> <![CDATA[US launches a comprehensive review of its trade relations]]> https://gmk.center/en/news/us-launches-a-comprehensive-review-of-its-trade-relations/ Tue, 21 Jan 2025 04:09:41 +0000 https://gmk.center/?post_type=news&p=104468 US President Donald Trump has initiated a comprehensive investigation of America’s trade policy. The executive order published on the White House website, in particular, orders the relevant agencies to investigate the reasons for the US trade deficit with foreign countries, assess the feasibility of establishing a Foreign Revenue Service to collect tariffs, duties and other […]

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]]> <![CDATA[US tariffs will affect regional steel trade – Ternium CEO]]> https://gmk.center/en/news/us-tariffs-will-affect-regional-steel-trade-ternium-ceo/ Thu, 05 Dec 2024 11:38:16 +0000 https://gmk.center/?post_type=news&p=103168 Mexico needs coordinated action to ensure a balanced steel market. This will allow it to maintain its position as an industrial leader in Latin America. This opinion was expressed at a meeting of the Caintra business association by Maximo Vedoya, CEO of the Ternium steel company, Kallanish reports. According to him, Mexico is facing problems […]

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]]> <![CDATA[ECB President calls for avoiding trade confrontation between the EU and the US]]> https://gmk.center/en/news/ecb-president-calls-for-avoiding-trade-confrontation-between-the-eu-and-the-us/ Fri, 29 Nov 2024 11:41:26 +0000 https://gmk.center/?post_type=news&p=102957 European Central Bank President Christine Lagarde has called on EU political leaders to cooperate with US President-elect Donald Trump on trade duties and buy more American goods. She said this in an interview with the Financial Times. Lagarde warned that a trade war is generally not in anyone’s interest and will lead to a reduction […]

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]]> <![CDATA[Turkey strengthens its position in the Ukrainian steel market]]> https://gmk.center/en/news/turkey-significantly-strengthens-its-position-in-the-ukrainian-rolled-steel-market/ Mon, 07 Oct 2024 11:09:40 +0000 https://gmk.center/?post_type=news&p=101051 Over the past three years, Turkish steel companies have significantly increased their presence in the Ukrainian rolled steel market. The share of Turkish steel products in Ukraine’s total imports of rolled steel increased from 19% to more than 50%, and the volume more than doubled. Imports increased sharply in 2023. While in 2022, supplies of […]

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]]> <![CDATA[Ukraine resumed negotiations on joint control at checkpoints with the EU]]> https://gmk.center/en/news/ukraine-resumed-negotiations-on-joint-control-at-checkpoints-with-the-eu/ Fri, 27 Sep 2024 07:06:41 +0000 https://gmk.center/?post_type=news&p=100767 Ukraine and the EU have moved the work on concluding agreements on joint control at checkpoints with the European Union. Deputy Minister of Economy – Trade Representative of Ukraine Taras Kachka reported about it according to the results of the 14th meeting of the Joint Coordination Platform on the Export and Transit of Ukrainian Agricultural […]

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]]> <![CDATA[Steel sales in Germany decreased by 8.9% m/m in May]]> https://gmk.center/en/news/steel-sales-in-germany-decreased-by-8-9-m-m-in-may/ Mon, 01 Jul 2024 06:59:49 +0000 https://gmk.center/?post_type=news&p=98221 In May 2024, sales of steel products by German distributors decreased by 8.9% compared to the previous month to 770.91 thousand tons. Compared to May 2023, the figure decreased by 4%. This is evidenced by data from the BDS industry association, Eurometal reports. Sales of flat products for the month amounted to 469.92 thousand tons, […]

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