Ukraine

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The deficit of the Ukrainian state budget in February 2023 increased to UAH 88.8 billion

In February, the general fund of the state budget received UAH 132.2 billion

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The Cabinet of Ministers reduced the list of exceptions for public procurement without a tender

Ukraine is gradually returning to the mandatory use of Prozorro in procurement

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The consumption of rolled products with a polymer coating in 2022 fell by 55.4% y/y

Due to logistics, the specific weight of European rolled steel increased from 26% to 37% in 2021, and Chinese – fell from 51% to 33%

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The strategy for the development of industrial parks until 2030 is approved in Ukraine

18 industrial parks of the country already have participants and other subjects

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Ukraine imported 7.7 thousand tons of long rolled products in January 2023

During the month, Ukrainian consumers reduced the import of long-rolled goods by 4% m/m

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The UK has extended tariff preferences for Ukraine until the beginning of 2024

The Ukrainian government will continue to work on the development of the economy

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The European Commission proposes to extend trade benefits for Ukraine for one year

In 2022, Ukrainian exports to the EU amounted to $27.9 billion in monetary terms

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Ukraine can ensure economic growth in 2023 — Minister of Economy

One of the key aspects is the expansion of logistics routes

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Ukraine in January 2023 ranked 35th in the world in terms of steel production

Over the month, Ukrainian steelmakers produced 284 thousand tons of steel

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The foundry industry produced about 190 thousand tons of products in 2022

Despite the demand for products, the average load of enterprises in the industry does not exceed 20-30%

Bloomberg
Turkiye imported 585.2 thousand tons of iron ore from Ukraine in 2022

Turkish steelmakers reduced their purchases of Ukrainian steel by 50.6% y/y

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The EU canceled anti-dumping duties on HRFS import from Ukraine

The collection of customs tariffs on the import of HRFS from Ukraine was already temporarily stopped in June 2022

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