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Ukraine - Latest news GMK Center

Photo – Turkey reduced iron ore imports from Ukraine by 24% in January-April
Turkey reduced iron ore imports from Ukraine by 24% in January-April

In April, exports of Ukrainian iron ore to Turkey halted due to the war

Photo – Ukraine has submitted a request to the EFTA to abolish all tariffs
Ukraine has submitted a request to the EFTA to abolish all tariffs

The Ukrainian side also asks to include the export of agricultural products in the agreement

Photo – Ukrainian steelmakers produced 4.2 million tons of steel in January-May
Ukrainian steelmakers produced 4.2 million tons of steel in January-May

Pig iron output fell to 4.15 million tons, rolled products – to 3.79 million tons

Photo – In May, prices on steel bars, beams, corners and hot-rolled sheets fell
In May, prices on steel bars, beams, corners and hot-rolled sheets fell

At the same time, the prices on profiled and round pipes in Ukraine did not change in May

Photo – Duties suspension on Ukraine’s imports to the EU came into force
Duties suspension on Ukraine’s imports to the EU came into force

Ukrainian producers can import goods into the EU duty-free for one year

Photo – Ukrainian exporters to pay more than €1 billion to the EU under the CBAM
Ukrainian exporters to pay more than €1 billion to the EU under the CBAM

The updated CBAM version has stricter requirements compared to the one published by the European Commission last July

Photo – The prospects of Ukraine’s post-war green rebuild
The prospects of Ukraine’s post-war green rebuild

Ukraine has lost up to 50% of the economy, and will recover only in 5 years at the pre-war level

Photo – Ukraine reduced steel production by 7 times in April
Ukraine reduced steel production by 7 times in April

The country downed to 36th place in the global ranking of steelmakers

Photo – European Union has suspended import duties for Ukraine for a year
European Union has suspended import duties for Ukraine for a year

Thanks to these measures, the European Union will be able to support Ukraine's economy significantly

Photo – Turkey increased iron ore imports from Ukraine by 51% in January-March
Turkey increased iron ore imports from Ukraine by 51% in January-March

In March, 79.2 thousand tons of Ukrainian iron ore were shipped to Turkey

Photo – European Parliament supported the abolition of import duties for Ukraine
European Parliament supported the abolition of import duties for Ukraine

The measures will completely abolish EU import duties on all Ukrainian exports, including steel, for one year

Photo – Turkey reduced imports of billets from Ukraine by 50% in Q1 2022
Turkey reduced imports of billets from Ukraine by 50% in Q1 2022

In March, imports of Ukrainian semi-finished products stopped due to the war

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