war

Ukrzaliznytsia increased cargo shipping by 14.4% in April

During the month, 9.15 million tons of cargo were shipped by rail

Ukraine cut ferrous metals exports by 67% in March

Imports of metal products decreased by 83.5%

Southern Mining in Ukraine reduced iron ore concentrate output by 23% in April

Part of the products was shipped to the Zaporizhstal plant

Ukraine’s central bank reports a minor economic recovery after the collapse

In April, the number of completely closed companies halved

Norway banned Russian ships from entering its ports

The country also closed borders for Russian trucks

Security measures of Western markets after all showed their vulnerability

World steel industry is a leader in protectionism among industries

Ferrexpo has paid more than $35 million in taxes since the start of the war

In addition, the company sent $12.5 million to its Humanitarian Fund

European Commission proposed to suspend duties on imports from Ukraine

Import duties on all Ukrainian exports to the EU may be suspended for one year

EU considers ending of all tariffs and quotas on exports from Ukraine

European Union is Ukraine's largest trade partner, accounting for more than 40% of its trade in 2019

UK canceled all duties and quotas for Ukrainian goods

In 2021, Ukraine increased exports to the UK by 62.4%, to $1.1 billion

The war in Ukraine intensified protectionism effects in the world

Market cyclicality affects the number of measures introduced, but not their easing

World Bank expects metal prices to rise by 20% in 2022

After, the prices, according to forecasts, will slow down

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