Ukraine

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The EU reduced imports of iron ore from Ukraine by 9.7% y/y in January-April

In April, deliveries of Ukrainian iron ore to EU countries fell by 16.4% m/m and by 10.4% y/y

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Exporters received loans for UAH 380.7 million under the ECA insurance in January-May

At the expense of such loans, the implementation of export agreements in the amount of UAH 1.41 billion was supported

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Ukrainian steel trading market shows signs of recovery

Its prospects depend on the speed of recovery in construction and engineering

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Ukraine will develop transport infrastructure on the border with Romania

According to the estimates of the Recovery Agency, this area can triple the freight flow

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Canada continued the abolition of customs duties on the import of Ukrainian goods

The duty-free import regime, in particular, applies to steel and goods whose supply is regulated by quotas

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The regulator intends to increase the maximum prices for electricity by 35%

Iron and steel enterprises emphasize that this threatens to stop production facilities

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US duty-free regime for Ukrainian steel may help EU exporters

European producers will be more interested in the hot-rolled coil and preparation of Ukrainian origin

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Ukraine counts on further liberalization of market access in Canada

The parties discussed the signing of an updated Free Trade Agreement

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The USA has extended the suspension of tariffs on Ukrainian steel for a year

The United States suspended tariffs on Ukrainian steel for one year in May 2022

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The UK extended the cancellation of the duty on the import of Ukrainian steel for one year

Protective measures regarding Ukrainian imports of flat and coiled steel products have been suspended since August 2022

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Ukraine and the EU discussed the possibility of restoring domestic steel industry

The industry has suffered significant losses due to the full-scale invasion of the Russian Federation

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The EU extended the regime of duty-free trade with Ukraine for one year

The European Union suspends all tariffs, quotas and trade protection measures on Ukrainian exports until June 2024

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