Business news from Ukraine

Business news from Ukraine

UKRAINE CLIMBS TO 13TH PLACE IN WORLDSTEEL RATING

Ukraine, following the results of work of metallurgical enterprises in August 2021, increased steel production by 1.7% compared to the same period in 2020 – up to 1.858 million tonnes, having risen from the 14th to 13th place in the ranking of 64 countries – the world’s major manufacturers of these products, compiled by the World Steel Association (Worldsteel).
In August, an increase in steel production from August 2020 was recorded in all countries of the top ten, except for China.
The top ten steel producing countries in August 2021 are as follows: China (83.239 million tonnes, a drop of 13.2% versus August 2020), India (9.850 million tonnes, an increase of 8.2%), Japan (7.924 million tonnes, an increase of 22.9%), the United States (7.521 million tonnes, an increase of 26.8%), Russia (6.290 million tonnes, an increase of 4.4%), South Korea (6.130 million tonnes, plus 6.2%), Turkey (3.501 million tonnes, an increase of 7.1%), Brazil (3.149 million tonnes, an increase of 14.1%), Germany (3.020 million tonnes, an increase of 6.7%) and Iran (2.540 million tonnes, an increase of 8.7%).
This is followed by Vietnam (2.250 million tonnes, an increase of 48%), Taiwan (China, 1.950 million tonnes, an increase of 21.9%), Ukraine (1.858 million tonnes, an increase of 1.7%), Mexico (1.540 million tonnes, plus 6.6%) and Italy (1.358 million tonnes, an increase of 44.3%).
In general, in August of this year, steel production decreased by 1.4% compared to the same period last year – to 156.806 million tonnes.
For the eight months of this year, the top ten steel producing countries looks like this: China (733.015 million tonnes, an increase of 5.3%), India (77.739 million tonnes, an increase of 25.6%), Japan (63.988 million tonnes, an increase of 17%), the United States (57.065 million tonnes, plus 19.5%), Russia (50.758 million tonnes, an increase of 7.7%), South Korea (47.455 million tonnes, an increase of 8.4%), Germany (26.662 million tonnes, an increase of 17.4%), Turkey (26.565 million tonnes, an increase of 16.7%), Brazil (24.119 million tonnes, an increase of 20.9%) and Iran (20.371 million tonnes, an increase of 9.7%).
This is followed by Vietnam (17.370 million tonnes, an increase of 65.5%), Italy (16.299 million tonnes, an increase of 27.4%), Taiwan (15.402 million tonnes, an increase of 9.8%), Ukraine (14.590 million tonnes, 6.6%) and Mexico (12.541 million tonnes, plus 15.9%).
In general, in the eight months of 2021, some 64 countries produced 1.322 billion tonnes of steel, which is 10.6% more than in the same period last year.

NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 23/09/21

National bank of Ukraine’s official rates as of 23/09/21

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF SEPTEMBER 23

Official rates of banking metals from national bank as of September 23

One troy ounce=31.10 grams

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AIRLINES OF UKRAINE BOOST PASSENGER TRAFFIC ALMOST TWICE IN JAN-AUG

Airports of Ukraine in January-August 2021, according to operational data, serviced 9.77 million passengers, which is 65.7% more than in January-August 2020.
As reported on the website of the State Aviation Service of Ukraine on Thursday, international passenger traffic of airports for the specified period grew by 69.2%, to 8.831 million people.
Ukrainian airlines served 6.089 million people in the first eight months of 2021, which is 96.1% more than in the first eight months of 2020, including international traffic of 5.626 million people (more than doubled).
At the same time, in January-July 2021, airlines performed 47,800 commercial flights (an increase of 68.9%), including 38,800 international (a rise of 70.9%).
As reported, at the end of 2020, Ukrainian airports serviced 8.664 million passengers, which is 64.4% less than in 2019.

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STRUCTURE OF IMPORT OF SERVICES IN JAN-JUNE 2021 (GRAPHICALLY)

Structure of import of services in Jan-June 2021 (graphically)

SSC of Ukraine

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UKRAINE-EU SUMMIT DISCUSSED

Head of the EU Delegation to Ukraine Matti Maasikas took part in a meeting of the Coordination Commission for the Implementation of the Association Agreement and discussed with members of the Cabinet of Ministers of Ukraine preparations for the Ukraine-EU summit scheduled for October 12.
“Very honoured to be invited to speak (the Ukrainian language) at the Ukrainian Cabinet’s Coordination Commission meeting on the implementation of our Association agreement. Preparations for the October 12 EU-Ukraine Summit, swift implementation of the justice reform, energy market issues discussed,” Maasikas wrote on Twitter on Wednesday.

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