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Ukraine - Latest news GMK Center

Photo – Ukraine climbed 7 spots in 2020 Doing Business Ranking
Ukraine climbed 7 spots in 2020 Doing Business Ranking

Ukraine is 64th among 190 countries

Photo – The U.S. and Ukraine will discuss abolition of steel duties
The U.S. and Ukraine will discuss abolition of steel duties

The U.S. – Ukraine Trade and Investment Council will consider mutual trade tariff exclusions

Photo – Investigation into bar imports from Belarus and Moldova was extended
Investigation into bar imports from Belarus and Moldova was extended

These countries’ manufacturers have an advantage over Ukrainian plants in rebar supplies

Photo – EEC to impose a tit-for-tat import duty on Ukrainian galvanized products
EEC to impose a tit-for-tat import duty on Ukrainian galvanized products

Ukrainian companies will have to focus on the domestic market, but the latter has its limits too

Photo – Ukraine Can Export Additional 1 mln Flats per year – GMK Center
Ukraine Can Export Additional 1 mln Flats per year – GMK Center

The main export potential has Ilyich Iron and Steel Works of Mariupol

Photo – MPs suggest changing the tax base for the iron ore royalty
MPs suggest changing the tax base for the iron ore royalty

According to GMK Center’s analyst, lawmakers offered only partial concessions to the business

Photo – Russia intends to reduce the deficit of rail wheels by 2020
Russia intends to reduce the deficit of rail wheels by 2020

Ukrainian Interpipe remains a major supplier of rail wheels to the Russian Federation

Photo – Two Ukrainian steel companies were left out of the game
Two Ukrainian steel companies were left out of the game

The suspension of the two companies will reduce export revenue of the sector by USD 200–250 million

Photo – In the first 7 months of 2019, coke imports to Ukraine totaled 651.3 thousand tons
In the first 7 months of 2019, coke imports to Ukraine totaled 651.3 thousand tons

Ukraine imported Russian coke for the amount of $169.3 million, which makes almost 85% of the total volume

Photo – The EEC will apply quotas on the imports of hot-rolled products from Ukraine from 1 December
The EEC will apply quotas on the imports of hot-rolled products from Ukraine from 1 December

The quotas are not supposed to significantly affect the Ukrainian producers

Photo – Exports of semi-finished products from Ukraine increased by 39.9% in May, up to $314.6 million
Exports of semi-finished products from Ukraine increased by 39.9% in May, up to $314.6 million

Italy and Egypt bought almost half of the Ukrainian semi-finished products

Photo – The value of Ukraine’s scrap exports shrank by almost nine times in January–May
The value of Ukraine’s scrap exports shrank by almost nine times in January–May

The volume of scrap exports decreased by eight times, down to 36.5 thousand tons

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