Ukraine

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Ukraine’s foreign trade deficit increased almost 1.6 times in Q1

Exports decreased by 6.9% in the period under review

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Ukraine should immediately appeal to the EU to postpone CBAM – PAEW

Ukrainian companies do not have the resources to decarbonize during the war

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Ukrcement urges authorities to appeal to the EU to postpone CBAM

The industry association requests information on the current stage of these negotiations

Electricity prices in Europe fell significantly in April

Blackouts in Spain and Portugal at the end of the month highlighted the problems of the EU energy grid

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Industrial production in Ukraine fell by 4.8% y/y in January

Production in steel industry and finished steel products increased by 15.7% y/y over the month

Ukraine and the United States sign an agreement on the establishment of the Reconstruction Investment Fund

The Fund will become a tool for attracting investments in the development of the domestic economy

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CBAM will create additional obstacles for Ukrainian enterprises – NADPU

The association calls on the authorities to initiate negotiations with the EU on postponing the mechanism

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Investment climate in Ukraine expected to deteriorate in 2025

Post-war reconstruction is impossible without investment, which requires predictability, stability and security

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Ukrainian market of steel products for mechanical engineering to grow by 25-30% in 2024

The defense industry is the main driver of steel demand growth from the machine building sector

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Insurance rates in the ports of Greater Odessa decreased to 0.35-0.4%

The number of underwriters that have insurance capacity to cover risks in Ukrainian territorial waters is limited

Ukraine has one of the highest electricity prices in Europe

93% of EU steel is produced in countries with lower energy prices than Ukraine

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Ukraine’s foreign trade deficit grew by 76.6% y/y in January-February

Exports decreased by 13% year-on-year in the period under review

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