In July this year, Ukrainian steelmakers increased steel production by 17.9% year-on-year to 709 thousand tons from 602 thousand tons, but decreased by 3.5% compared to the previous month, when they produced 735 thousand tons.
At the same time, Ukraine took 20th place in the ranking of 71 countries that are global producers of these products, compiled by the World Steel Association (Worldsteel).
According to Worldsteel, in July, most of the top ten countries, except China, Japan, Russia and South Korea, recorded an increase in steel production by July 2023.
The top ten steel producing countries in July are as follows: China (82.940 million tons, down 9% by July 2023), India (12.285 million tons, up 6.8%), Japan (7.1 million tons, down 3.8%), the United States (6.931 million tons, up 2.1%), the Russian Federation (6.250 million tons, down 3.1%), South Korea (5, 522 million tons, down 3.4%), Germany (3.1 million tons, up 4.8%), Turkey (3.055 million tons, up 4%), Brazil (also 3.055 million tons, up 11.6%) and Vietnam (1.927 million tons, up 17%).
In total, in July 2024, steel production decreased by 4.7% compared to the same period in 2023 to 152.849 million tons.
In January-July 2024, the top ten steel producing countries were as follows: China (613.720 million tons, down 2.2% compared to January-July 2023), India (86.372 million tons, up 7.2%), Japan (49.798 million tons, down 2.8%), the United States (46.854 million tons, down 1.8%), and the Russian Federation (43.082 million tons, minus 3%), South Korea (37.069 million tons, down 5.9%), Germany (22.460 million tons, up 4.5%), Turkey (21.670 million tons, up 14.9%), Brazil (19.4 million tons, up 3.3%) and Iran (18.416 million tons, up 2.9%).
Overall, in 7M2024, steel production decreased by 0.7% y-o-y to 1 billion 107.235 million tons.
At the same time, Ukraine produced 4.583 million tons of steel in 7M2024, up 33.6% from 3.430 million tons in 7M2023. The country ranks 20th in January-July.
As reported, in 2023, China produced 1 billion 19.080 million tons at the level of the previous year), India (140.171 million tons, +11.8%), Japan (86.996 million tons, -2.5%), the United States (80.664 million tons, +0.2%), Russia (75.8 million tons, +5.6%), South Korea (66.676 million tons, +1.3%), Germany (35.438 million tons, -3.9%), Turkey (33.714 million tons, -4%), Brazil (31.869 million tons, -6.5%) and Iran (31.139 million tons, +1.8%).
In total, 71 countries produced 1 billion 849.734 million tons of steel in 2023, which is 0.1% less than in 2022.
At the same time, Ukraine produced 6.228 million tons of steel in 2023, which is 0.6% lower than in 2022. The country was ranked 22nd in 2023.
In 2022, the top ten steel producing countries were as follows: China (1.013 billion tons, -2.1%), India (124.720 million tons, +5.5%), Japan (89.235 million tons, -7.4%), the United States (80.715 million tons, -5.9%), the Russian Federation (71.5 million tons, -7.2%), South Korea (65, 865 million tons, -6.5%), Germany (36.849 million tons, -8.4%), Turkey (35.134 million tons, -12.9%), Brazil (33.972 million tons, -5.8%) and Iran (30.593 million tons, +8%).
Ukraine ranked 23rd in 2022 with 6.263 million tons of steel produced (-70.7%).
In total, 64 countries produced 1 billion 831.467 million tons of steel in 2022, which is 4.3% less than in 2021.
The Verkhovna Rada of Ukraine has adopted in the second reading a draft law on support for the development of viticulture and winemaking, said Acting Minister of Agrarian Policy and Food Taras Vysotsky.
“I am grateful to the people’s deputies for their unanimous support for the development of viticulture and winemaking! Bill 9139 – 311 votes in favor,” he wrote on Facebook.
The draft law “On grapes and viticulture products” (No. 9139), which the government registered in the Verkhovna Rada on March 22, is aimed at implementing the relevant EU regulations on viticulture and winemaking, oenological practices, production of flavored wine products, use and protection of geographical indications of wines.
“At the same time, the purpose of the draft law is to create a unified state information system, the Viticulture and Winemaking Register, which will include information on: grape producers; wine products; vineyards; mandatory declarations and other data on wine products provided for by this law, the entry of which is mandatory, which will ensure effective administration and state support for the viticulture and winemaking industry,” the explanatory note to the document says.
The document envisages the introduction of requirements for the production and circulation of wines, viticulture and winemaking products, and flavored wine products with geographical indications similar to current rules in the EU. In particular, it is not allowed to blend wine produced in Ukraine with imported wine, as well as wines produced outside Ukraine.
The draft law provides for the possibility of state support for viticulture and winemaking within the framework of the general laws “On State Support for Agriculture” and “On Peculiarities of Insurance of Agricultural Products with State Support” without any details, except for the principles of objectivity, equality and proportionality.
The document contains the principles for conducting inspections of wine production from the vineyard to the final product, defines the controlling institutions and their powers, and specifies sanctions, according to the explanatory note.
The share of Indian drugs from the beginning of 2024 was about 4% of the Ukrainian pharma market, said Dr. R.U.P. Menon, president of the Indian Pharmaceutical Manufacturer’s Association (IPMA).
“India’s share in the first quarter of 2024 was about 4%, India is in the seventh place of the ranking,” he told Interfax-Ukraine.
Menon stressed that despite the stabilization of the pharma market since the beginning of 2024, “the sale of hospital drugs has decreased as there is still a lot of humanitarian aid in hospitals.”
At the same time, commenting on the situation with the logistics of pharma products from India to Ukraine under war conditions, Menon noted that currently the delivery route from India to Ukraine is complicated, as there is no possibility of direct air and sea delivery during martial law.
“The delivery is done through European ports and from there by road to Ukraine. Logistics from India takes a lot of time and it is expensive,” he stated.
However, Menon added that major international Indian pharma companies continue to operate in Ukraine through their local warehouses and supply medicines to leading Ukrainian distributors. Also, Indian pharmaceutical manufacturers continue to participate in government procurement, in particular, of drugs for the treatment of HIV/AIDS, tuberculosis and cancer.
According to him, in the retail segment there is still demand for Indian drugs for older age groups, stress management and sedative drugs.
Menon emphasized that all IPMA member companies have been contributing to Ukraine’s victory and helping Ukrainians since the first days of the full-scale war.
In particular, Indian pharmaceutical companies have provided about $16.6 million worth of pharmaceutical products as humanitarian aid during the full-scale war.
Meanwhile, in the first days after the missile attack on the Okhmatdet NDSB in Kiev, IPMA joined the aid and made a charitable contribution of half a million hryvnias to the hospital’s account.
“All members of our Association since the beginning of the war have not hesitated to mobilize to help Ukraine, donate and donate necessary medicines, material and financial resources to both Ukraine and non-governmental organizations, support Ukrainian citizens forced to leave their homes,” Menon said.
In addition, IPMA joined the initiative of the President of Ukraine Volodymyr Zelensky – UNITED24 and transferred to a special account of the National Bank to support the AFU half a million hryvnias.
IPMA unites companies that meet international standards FDA (USA), Health Canada (Canada), MHRA (UK), EMA (EU), MSS (South Africa), TGA (Australia), WHO GMP (WHO), GMP (Ukraine) and have representative offices in Ukraine. Indian Pharmaceutical Manufacturers Association (IPMA) represents the interests of leading Indian companies – manufacturers of pharmaceutical products in the Ukrainian market, contributes to the provision of quality and safe, effective and affordable medicines to the population of Ukraine.
Today the permanent members of IPMA are international companies Abryl Pharm LLC, Dia Pharma Limited, Dr.Reddy’s, Euro Lifecare Ltd, Hetero Labs Limited, M.Biotech Limited, Macleods Pharmaceutical Limited LLC, Mega Lifesciences LLC, Sun Pharma, Zandra Life Sciences PVT. LTD.
Indian Prime Minister Narendra Modi, during his visit to Kiev, intends to discuss with President Volodymyr Zelensky the possibilities of a peaceful end to the Russian-Ukrainian war.
“I look forward to continuing previous discussions with Zelensky on strengthening bilateral cooperation and sharing views on a peaceful resolution of the ongoing conflict in Ukraine,” Modi said in a statement released by his office on Wednesday.
The Indian prime minister will visit Ukraine on August 23 and meet with President Zelensky.
Earlier, the Indian Foreign Ministry emphasized that this is a “historic visit as it is the first time an Indian prime minister will visit Ukraine in more than 30 years of diplomatic relations.”
Ukrgasvydobuvannya JSC has commissioned a new well with a flow rate of 107 thousand cubic meters of gas per day, the company reported on Facebook.
The appraisal and production well with a depth of 3715 meters was drilled by the Shebelynka drilling department at the old gas condensate field, which has been developed since 1978. Despite this, the field has significant residual reserves of more than 0.9 billion cubic meters of gas.
“This well has achieved a high flow rate due to the stimulation measures taken, including three stages of hydraulic fracturing. The well was completed using a coiled tubing unit,” said Serhiy Lagno, Head of UGV.
As reported, in 2023, Ukrgasvydobuvannya launched 86 new wells, 24 of which had an initial flow rate of more than 100 thousand cubic meters, and in January-May 2024, 36 new gas wells, 11 of which are highly productive.
In 2022, UGV produced 12.5 billion cubic meters of natural gas (commercial), which is 3% less than in 2021. In 2023, the company produced 13.224 bcm of commercial gas, which is 0.679 bcm more than in 2022.
“In January-June 2024, Ukrgasvydobuvannya increased natural gas (commercial) production by 8.8% compared to the same period in 2023 – up to 6.913 bcm.
NJSC Naftogaz of Ukraine owns 100% of Ukrgasvydobuvannya shares.
Ukrzaliznytsia JSC (UZ) will purchase 10 thousand tons of diesel fuel from state-owned Ukrnafta PJSC following the fourth tender for the purchase of diesel fuel through Prozorro Market, the company said in a telegram on Wednesday.
According to the release, Ukrnafta offered the best price of UAH 50.97 thousand per ton.
It is noted that Ukrzaliznytsia will sign a contract with the winner in the near future. It is specified that all diesel should be painted to prevent theft.
Earlier, UZ has already purchased 25 thousand tons of diesel fuel through Prozorro Market at prices of UAH 50.5 – 52.9 thousand per ton. The company notes that, taking into account the Platts indices at the time of the selection of the winners, this corresponds to the prices of direct contracts with European producers, including all related costs for delivery and customs clearance.
In particular, in June 2024, Ukrnafta was awarded contracts for the supply of 15 thousand tons. In July, the winner of the tender for 10 thousand tons was Sokar Ukraine Trading House LLC.
It is noted that both winners at the stage of their registration in the electronic catalog of the electronic procurement system were qualified by the Professional Procurement State Enterprise and guaranteed that their products were not of Russian, Belarusian or Iranian origin.
As reported, UZ used to buy diesel directly from European producers, but in April 2024, after amendments to a government decree, the company no longer has this option and can only buy diesel through Prozorro.
Average price per hectare of land in 2023, UAH
Source: Open4Business.com.ua
