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Ukraine - Latest news GMK Center

Photo – Steel consumption market stabilizes amid import growth and margin compression
Steel consumption market stabilizes amid import growth and margin compression

In 1H2025, steel consumption grew by 13% year-on-year, but taking into account the normalization of inventories, real growth amounted to 9% year-on-year

Photo – Innovation spending in Ukraine doubled in 2024 due to defense R&D
Innovation spending in Ukraine doubled in 2024 due to defense R&D

As a result, the share of innovative enterprises and products has almost equaled pre-war levels

Photo – China has significantly expanded its presence in the Ukrainian rolled steel market
China has significantly expanded its presence in the Ukrainian rolled steel market

During January-June, steel product deliveries increased by 70% year-on-year

Photo – Consumption of steel products in Ukraine in 1H2025 increased by 13% y/y
Consumption of steel products in Ukraine in 1H2025 increased by 13% y/y

Due to the high level of inventories, the real volume of consumption in January-June increased by 9% y/y

Photo – Turkey accounted for 60% of Ukraine’s rolled steel import market in 1H2025
Turkey accounted for 60% of Ukraine’s rolled steel import market in 1H2025

The share of Turkish products has grown significantly, mainly in the flat rolled segment

Photo – Three recommendations for the development of the Ukrainian energy system
Three recommendations for the development of the Ukrainian energy system

They are based on European experience, which has undergone no less difficulties than those currently faced by the Ukrainian energy system

Photo – Ukraine exported $190.1 million worth of raw materials in July
Ukraine exported $190.1 million worth of raw materials in July

In total, more than $3.3 billion worth of goods were exported last month

Photo – Inflation in Ukraine slowed to 14.1% in July
Inflation in Ukraine slowed to 14.1% in July

Core inflation slowed to 11.7% year-on-year

Photo – Ukraine’s trade turnover amounted to $69.1 billion in January-July
Ukraine’s trade turnover amounted to $69.1 billion in January-July

During the period, Ukraine imported goods worth $45.9 billion and exported goods worth $23.2 billion

Photo – Electricity prices in Europe increased significantly in July
Electricity prices in Europe increased significantly in July

The weighted average DAM price in Ukraine last month amounted to €107.4/MWh

Photo – All participants in the energy market need predictable electricity prices
All participants in the energy market need predictable electricity prices

Reduced volatility could potentially lead to more attractive prices for end consumers

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