Business news from Ukraine

Business news from Ukraine

In Kiev on May 20-21 without precipitation, up to 25° in afternoon

In Ukraine on Monday, May 20, in the afternoon in most western regions and in the north-eastern part of places short-term rain, thunderstorms, in the rest of the territory – without precipitation, reports Ukrhydrometcenter.
The wind is predominantly southern, 3-8 m/s. The temperature is 9-14° at night and 21-26° during the day; in the Carpathians and Crimean Mountains it is 5-10° at night and 15-20° during the day.
Weather forecast for Kiev on May 20 – no precipitation, south wind, 3-8 m/s. The temperature at night is 11-13°, during the day about 25°.
According to the Central Geophysical Observatory of Boris Sreznevsky in Kiev on May 20, the highest daytime temperature was 32.5° in 1996, the lowest nighttime temperature was 1.1° in 1943.
May 21 in Ukraine is also dry, with occasional short rains and thunderstorms in the Carpathian region and northeastern areas during the day. The wind is predominantly southeastern, 3-8 m/s.
The temperature at night 10-15°, during the day 22-27°.
Weather forecast for Kiev for May 21 – no precipitation. The wind is predominantly southeast, 7-12 m/s. The temperature at night is 13-15°, during the day about 25°.

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Ukrainian enterprises in January-April increased imports of zinc by 60% to $17 mln

Ukrainian enterprises in January-April 2024 increased imports of zinc and zinc products – by 59.9%, up to $17.217 mln (in April – $5.357 mln). Exports of zinc for four months of this year amounted to $73 thousand (in April – $29 thousand), while in January-April 2023 it amounted to $48 thousand.
Zinc exports abroad in 2023 amounted to $130 thou. against $1.331 mln in 2022. Zinc exports for 2022 totaled $1.331 million, compared to $550 thousand in 2021. Exports of tin and tin products totaled $424 thousand in 2022, compared to $346 thousand in the previous year.
Zinc is used to protect steel from corrosion, in the production of zinc whitewash, in the metallurgical industry in the production of zinc sheets, and in the manufacture of foundry lead and copper-zinc alloys. It is also used as a material for the negative electrode in chemical current sources.

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Usyk defeated Fury and unified all championship titles

The fight for the title of absolute world champion between British Tyson Fury and Ukrainian Oleksandr Usyk, which took place on Sunday night in Riyadh, ended in victory for the Ukrainian boxer.
Usyk defeated Fury by split decision (115-112, 114-113 and 113-114).
President of Ukraine Volodymyr Zelenskyy and Kyiv Mayor Vitali Klitschko congratulated Usyk on his victory.
This is the first-ever fight for the title of absolute world heavyweight champion in the era of four belts. Usyk defended the WBA, WBO, and IBF championship belts and tried to take away the WBC title that belonged to Fury.
Usyk started the fight more actively. Fury allowed the Ukrainian to strike at him, although he missed a left to the temple in the end.
During the first half of the fight, the boxers did not change their roles: Usyk threw more punches and pinned Fury near the corner. The Briton tried to counterattack, in particular with uppercuts. It was only in the sixth round that Fury looked more noticeable than Usyk and landed several strong blows on the Ukrainian.
The seventh round was the most active in the Usyk-Fury fight. First, there was another uppercut from Fury. And closer to the end, Usyk landed a series of powerful punches on the Briton.
In the eighth round, Usyk was able to punch Fury right in the nose, after which the Briton began to bleed. In the ninth, the Briton was knocked down.
Usyk continued to dominate Fury in the next two rounds. Only in the 11th round did the Briton manage to partially regain control of the fight.
The winner of the Usyk-Fury fight was to be determined by the judges’ notes: both boxers lasted all 12 rounds. The Ukrainian won by a split decision of the judges.
Tyson Fury reportedly demanded a rematch from the Ukrainian boxer in October. Oleksandr Usyk accepted the rematch.

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Ukraine in January-April reduced imports of lead, but increased imports of tin

According to customs statistics released by the State Customs Service of Ukraine on Friday, Ukraine reduced imports of lead and lead products by 13.8% – to $406 thousand (in April – $124 thousand), imports of tin and tin products increased by 10.2% – to $887 thousand (in April – $267 thousand). Exports of lead and lead products decreased by 35.3% to $3.537 mln.
As reported, Ukraine in 2023 reduced imports of lead and lead products by 65.2% – to $989 thousand, imports of tin and tin products – by 23% – to $2.728 million. Exports of tin and tin products amounted to $159 thousand against $424 thousand for 2022.
Zinc exports for 2022 totaled $1.331 million, compared to $550 thousand in 2021. Exports of tin and products totaled $424 thousand in 2022, compared to $346 thousand the previous year.
Lead is used to make bullets and shot. It is part of many alloys, such as bearing alloys, printing alloy, tin-lead solder, bronzes and brasses. .
Tin is often used as a protective coating due to these properties. It is the main constituent of solder and babbitts, typographic alloys and bronzes.

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Ukraine in January-April increased aluminum imports by 26% to $136.7 mln

According to customs statistics released by the State Customs Service of Ukraine, Ukraine in January-April 2024 increased imports of aluminum and aluminum products – by 26.6% to $136.761 million (in April – $38.235 million). Exports of aluminum and aluminum products for the first four months of 2024 increased by 5% compared to the comparable period a year earlier – to $33.008 million (in April – $9.608 million).
In addition, Ukraine’s imports of aluminum and aluminum products increased by 7.7% to $366.463 million in 2023.
Exports of aluminum and aluminum products last year increased by 0.7% compared to 2022 – to $97.616 million. In addition, Ukraine in 2022 reduced imports of aluminum and aluminum products – by 33.4%, to $340.398 million.
Exports of aluminum and aluminum products in 2022 decreased by 42.7% compared to 2021 – to $96.972 million.
Aluminum is widely used as a structural material. The main advantages of aluminum in this capacity are its lightness, pliability for stamping, corrosion resistance, high thermal conductivity, and the non-poisonous nature of its compounds. In particular, these properties have made aluminum extremely popular in the production of kitchen utensils, aluminum foil in the food industry, and for packaging. The first three properties have also made aluminum a major raw material in the aviation and aerospace industries (recently displaced by composites, primarily carbon fiber). After construction and production of packaging – aluminum cans and foil – the largest industry-consumer of the metal is the energy sector.

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In January-April 2024, Ukrainian enterprises increased nickel imports to $8.5 mln

Ukrainian enterprises in January-April 2024, according to customs statistics, increased imports of nickel and products by 60.1% compared to the same period of 2023 – up to $8.484 million (in April – $787 thousand million).
Ukraine in 2023 reduced imports of nickel and nickel products by 74.2% y-o-y in 2022 – to $15.391 mln. Ukraine in 2022 reduced imports of nickel and nickel products by 49.9% y-o-y in 2021 – to $59.754 mln.
The main area of nickel application is metallurgy. It is used in the production of high-alloy stainless steels. By adding nickel to the iron melt, metallurgists obtain strong and ductile alloys that are highly resistant to corrosion and high temperatures.

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