Ukraine

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Ukraine Facility will help attract $30 billion in additional investments

Ukraine continues to improve the investment climate

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Ukrainian companies carried out 362 thousand shipments to Poland in January-November 2023

The indicator increased due to the import of fuel and humanitarian goods

Infrastructure restoration supported steel demand in Ukraine in 2023

Domestic steel consumption, taking into account imports, is approximately 3.5 million tons in 2023

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Border blockade had an extremely negative impact on the steel industry and steel trade

Losses for just one enterprise in the industry exceed $20 million per month

Foundry industry will show production growth according to 2023 results

The current workload of industry enterprises varies on average between 30-70%

Five key trends in the development of Ukraine’s mining industry in 2023

The second year of the full-scale war became a real test for Ukraine

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Ukraine increased exports by sea transport by 30.7% m/m in December

In this period, the volume of exports by sea amounted to 7.34 million tons

Ukraine’s economy is forecast to grow by 3-5% in 2024

Next year steel production may reach 7.2-7.5 million tons

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BES reveals a scheme of duty evasion in scrap exports

In particular, three enterprises were identified that evaded payment of UAH 65 million in customs duty

In 2022 Ferrexpo procured $182 million from local and regional suppliers

Share of local and regional procurements amounted to 20%

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Transport visa-free regime increased Ukraine’s exports to the EU by 47.5% by road

Imports from the European Union increased by 44% during the 1.5 years of the agreement

A month and a half blockade of Ukraine’s border during the war

The Ukrainian economy has already suffered more than $1 billion in losses

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