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Ukraine - Latest news GMK Center

Photo – EU reduced semi-finished products import from Ukraine by 47.5% y/y in January-April
EU reduced semi-finished products import from Ukraine by 47.5% y/y in January-April

In April, deliveries of Ukrainian semi-finished products to EU countries increased by 64.9% m/m and by 19.2% y/y

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

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

Photo – Ukrainian steel trading market shows signs of recovery
Ukrainian steel trading market shows signs of recovery

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

Photo – Ukraine will develop transport infrastructure on the border with Romania
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

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

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

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

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

Photo – Ukraine counts on further liberalization of market access in Canada
Ukraine counts on further liberalization of market access in Canada

The parties discussed the signing of an updated Free Trade Agreement

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

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

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