In January-October this year, Ukrainian enterprises reduced their consumption of rolled steel by 9.93% year-on-year to 2 million 617.7 thousand tons.
According to a press release from Ukrmetallurgprom, 1 million 35.7 thousand tons, or 39.25% of the domestic rolled steel market, were imported during this period.
According to Ukrmetallurgprom, in January-October 2014, steel companies produced 5.264 million tons of rolled steel (120.6% compared to the same period in 2023). According to the State Customs Service of Ukraine, about 3.682 million tons, or 69.9%, were exported. During this period, the share of exports amounted to 54.9% (2.398 million tons with a total rolled steel production of 4.365 million tons).
The share of semi-finished products in export deliveries in January-October 2024 amounted to 46.31%, slightly higher than in January-October 2023 (44.87%). The share of flat products in exports is slightly higher than last year (39.35% and 37.07%, respectively). The share of long products is much lower – 14.34% versus 18.06%.
“In 10 months of 2024, the domestic market capacity amounted to 2 million 617.7 thousand tons of rolled steel, of which 1 million 35.7 thousand tons, or 39.25%, were imported. In January-October 2023, the domestic market capacity amounted to 2 million 906.4 thousand tons, of which 939.4 thousand tons, or 32.42%, were imported. Thus, for 10 months of 2024, there was a decrease in the domestic market capacity by 9.93% compared to 10 months of 2023, while the share of the import component increased by 6.83%,” the press release states.
The structure of imports for 10 months of 2024 is still characterized by a significant dominance of flat products over long products (79.50% and 18.93%, respectively). In January-October 2023, the dominance of flat products over long products was also significant (80.51% and 18.62%, respectively).
According to the State Customs Service, the main export markets for Ukrainian rolled steel products in January-October 2024 were the European Union (70.1%), Africa (11.1%) and the rest of Europe (7.6%).
Other European countries ranked first among metallurgical importers for the period under review (49.6%), followed by the EU-27 (28.2%), and Asian countries (20.4%).
As reported, Ukraine’s rolled steel market increased 2.19 times in 2023 compared to 2022, to 3 million 505.6 thousand tons. The company imported 1 million 118.6 thousand tons, or 31.91% of the domestic market for these products.
Impact of electricity deficit on real GDP vs no deficit, % (forecast up to 2024)
Open4Business.com.ua
Urban transport manufacturer Concern Electron has delivered the first four 12-meter buses, Electron A18501, out of the 13 units provided for in the contract to Uzhhorod Municipal Transport, the company said on Facebook.
“By the end of the year, nine more buses will be added to the fleet of the utility company,” the statement said.
The concern informed that 27 buses of this brand are already in operation in Uzhhorod, which means that upon completion of the delivery there will be 40 of them.
“Unlike many other cities, Uzhhorod has a systematic and pragmatic approach to renewing its bus fleet. The city deliberately replenishes it with vehicles of the same brand, which facilitates the maintenance and repair of rolling stock. Electron buses have been in operation in the regional center since 2018,” the company said.
As reported, the contract for the supply of 13 low-floor Electron buses for a total of UAH 126.5 million was signed on September 29, 2023, after the Electronmash plant, part of the concern, won the relevant tender.
The delivery date was set for August 31, 2023.
Other bidders were Zernotrade, which offered Chinese buses for UAH 127.8 million, and Bas Motor LLC with Bogdan buses for UAH 130 million.
In addition, Etalon Avto Trading House tried to challenge what it considered to be discriminatory tender conditions at the Antimonopoly Committee of Ukraine, but was unsuccessful.
US President-elect Donald Trump will appoint his top immigration adviser, Stephen Miller, as deputy chief of staff for political affairs, the Associated Press reported on Monday.
“Trump has chosen … Stephen Miller to be deputy chief of staff for political affairs,” the publication writes.
US Vice President-elect J.D. Vance reacted to the news on social network X, congratulating Miller and calling him “a great choice for the president.”
Miller is a longtime Trump supporter. He served as a senior White House adviser during Trump’s first presidency. CNN notes that he has been a vocal advocate for stricter immigration policy. Miller is one of the main “architects” of Trump’s plans for the mass expulsion of illegal immigrants.
http://relocation.com.ua/tramp-obrav-sobi-zastupnyka-hlavy-administratsii/
The total ratio of taxes and social contributions to GDP in the European Union in 2023 was 40%, down from 40.7% in the previous year, according to the EU Statistical Office.
In the euro area, this figure also decreased to 40.6% last year, compared to 41.4% in 2022.
In absolute terms, in 2023, revenues from taxes and social contributions in the EU increased by €308 billion to €6.883 trillion.
The tax-to-GDP ratio varies significantly by country, with the highest shares recorded in France (45.6%), Belgium (44.8%), and Denmark (44.1%). The lowest rates are in Ireland (22.7%), Romania (27.0%), and Malta (27.1%).
Last year, 11 EU countries saw an increase in the indicator, with the most significant growth in Cyprus (to 38.8% from 35.9% in 2022) and Luxembourg (to 42.8% from 40.2%). In 12 countries, a decrease was recorded, the most significant in Greece (to 40.7% from 42.8%) and France (to 45.6% from 47.6%).
http://relocation.com.ua/podatky-stanovyly-40-vvp-v-ievropejskomu-soiuzi-v-2023-rotsi/
The famous Kyiv restaurant Veranda na Dnipre is proud to present the new face of its advertising campaign – Olympic champion and talented Ukrainian fencer Olga Harlan.
“We are pleased to collaborate with this inspirational personality, who is a symbol of modern patriotism and national pride with her achievements and love for Ukraine,” – comments Tatiana Avramenko, the restaurant’s managing partner.
“Olga Harlan is not only an example for the younger generation, but also a symbol of beauty, strength and dedication to sports. As an active supporter of a healthy lifestyle, Olga perfectly embodies the values that underlie the restaurant’s concept – love for quality food, nature and health. Her perseverance, determination and ability to conquer the world’s peaks are admirable, as she demonstrates Ukrainian strength and talent on the international stage.
“Veranda na Dnipro is a place for meetings and inspiration, so it is a real honor not only for the restaurant but also for its guests to work with Olga, a person who embodies the future of Ukraine. Her bright career and patriotism inspire millions of Ukrainians every day, and the partnership with such an outstanding personality is a confirmation of the common values of the restaurant and the athlete.
“We are happy to share her success and believe that this cooperation will inspire many Ukrainians to choose a healthy lifestyle and be proud of their roots,” adds Tatiana Avramenko.
The three-deck Veranda na Dnipro restaurant, which prides itself on its diverse menu of 12 cuisines, organic products, and the largest wine list in Ukraine, invites everyone to experience the hospitality and atmosphere of a place created with love for Ukraine and for Ukrainians together with its new ambassador, Olga Harlan.
Olga Harlan
Instagram: https://www.instagram.com/olgakharlan/
“Veranda on the Dnipro”
Address: Naberezhne Shosse, 11A
Phone: +380 68 400 9898
Website: https://veranda.ua/
