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Ukraine - Latest news GMK Center

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

Photo – New business deregulation initiatives were supported in Ukraine
New business deregulation initiatives were supported in Ukraine

The Working Group on deregulation has provided a number of recommendations in the field of general regulatory rules

Photo – The European Union reduced imports of pig iron from Ukraine by 27.3% y/y in the first quarter
The European Union reduced imports of pig iron from Ukraine by 27.3% y/y in the first quarter

In March 2023, supplies of Ukrainian pig iron to EU countries have increased 4 times

Photo – Ukraine increased the import of flat products in 2023 by 2.4 times
Ukraine increased the import of flat products in 2023 by 2.4 times

The need to import flat products is directly related to the destruction of two plants in Mariupol, which were occupied

Photo – Ukrainian business will offer the market concept for local emissions trading system
Ukrainian business will offer the market concept for local emissions trading system

The analyst company GMK Center will be the executor of the study

Photo – Ukraine is able to supply raw materials for DRI production in Europe – CEO of Metinvest
Ukraine is able to supply raw materials for DRI production in Europe – CEO of Metinvest

Building DRI production capacity could be part of the country's recovery

Photo – The European Parliament supported the continuation of customs duties abolition on Ukrainian products
The European Parliament supported the continuation of customs duties abolition on Ukrainian products

The liberalization of the trade regime with Ukraine is planned to be extended for another year – until June 5, 2024

Photo – The government announced plans to launch the Development Fund of Ukraine
The government announced plans to launch the Development Fund of Ukraine

The fund's activities will be directed to key sectors of the Ukrainian economy

Photo – Limestone shipments by rail decreased by 31% y/y in January-April
Limestone shipments by rail decreased by 31% y/y in January-April

The main consumers were the enterprises of the steel sector

Photo – Ukraine is creating the State Fund for decarbonization and energy-efficient transformation
Ukraine is creating the State Fund for decarbonization and energy-efficient transformation

The corresponding law was signed by President Volodymyr Zelenskyi

Photo – Ukraine continues its integration into the EU single market
Ukraine continues its integration into the EU single market

The country uses the standards of the European Union, building the internal market

Photo – Resilience lessons: How iron & steel industry of Ukraine cope with logistic challenges
Resilience lessons: How iron & steel industry of Ukraine cope with logistic challenges

Ukrainian pig iron returned to the US market and rolled products are sold around the world

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