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Photo – EU Council extends sanctions against Russia for another six months
EU Council extends sanctions against Russia for another six months

Restrictive measures end on January 31, 2023

Photo – Will anti-dumping investigations against steel from the Russian Federation become a trend
Will anti-dumping investigations against steel from the Russian Federation become a trend

Cheap Russian steel products lead to a drop in production and income of local manufacturers

Photo – Ukraine, Russia, Turkey and the UN agreed on the export of grain from seaports
Ukraine, Russia, Turkey and the UN agreed on the export of grain from seaports

The signing of the agreement should help unload border crossings and create conditions for the resumption of the work of steel enterprises

Photo – Ukraine agrees with the IMF on revising the debt payment schedule
Ukraine agrees with the IMF on revising the debt payment schedule

If the situation does not change, then if all payments continue, Ukraine will transfer more money to the fund at the end of the year than it receives from it

Photo – Currency fall: the weakening of the hryvnia will help to revive exports
Currency fall: the weakening of the hryvnia will help to revive exports

The NBU's decision to correct the exchange rate is due to the reluctance to burn foreign exchange reserves and increase emissions

Photo – The EU approved the seventh package of sanctions against Russia
The EU approved the seventh package of sanctions against Russia

All components of the new package to some extent have already been heard from the lips of officials or in the media

Photo – The creditor group countries is ready to postpone the servicing of Ukraine’s public debt
The creditor group countries is ready to postpone the servicing of Ukraine’s public debt

From August 1, it is recommended to suspend debt service until the end of 2023 with the possibility of an additional year

Photo – Interpipe intends to increase capacity utilization by 5-10% in the third quarter
Interpipe intends to increase capacity utilization by 5-10% in the third quarter

In May-June, capacities for the production of pipes were loaded by 60-70%, and railway wheels – by 45-50%

Photo – Interpipe increased logistics costs by 2.5-3.5 times
Interpipe increased logistics costs by 2.5-3.5 times

Due to the blockade of Ukrainian ports, the company began to export products by cars and railway transport to European ports

Photo – Steelmakers around the world are shutting down capacity due to falling demand
Steelmakers around the world are shutting down capacity due to falling demand

EU steel companies are waiting for an increase in demand and a rise in steel prices in the fall, but this may not happen

Photo – Summer recession: why Ukraine’s steelmakers and miners reduce activities
Summer recession: why Ukraine’s steelmakers and miners reduce activities

Business cannot solve many new problems without authorities involvement

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