National bank of Ukraine’s official rates as of 23/06/20
Source: National Bank of Ukraine
Official rates of banking metals from national bank as of June 23
One troy ounce=31.10 grams
The volume of natural gas stored by foreign companies in Ukrainian underground gas storage facilities (UGS) in the “customs warehouse” mode as of mid-June is 2.8 billion cubic meters (bcm), which is three times more than the same figure of the previous year, the press service of Ukrtransgaz said on Facebook.
Some 54 companies are currently using Ukrainian capacities, while a year earlier their number was seven.
Earlier, the company informed that as of June 1, non-residents stored 2 billion cubic meters in the “customs warehouse” mode, which is four times more than in the same period in 2019.
As reported, according to the estimates of head of Gas Transmission System Operator of Ukraine (GTSOU) Serhiy Makogon, the capacity of Ukrainian underground storage facilities that may be available to European companies at the end of the third quarter of this year will amount to about 10 billion cubic meters
The Black Sea Trade and Development Bank will finance four projects of Ukrainian companies: Ukrgasbank, Galnaftogaz, Metinvest and the construction of a school in Kyiv.
According to the Ministry of Economy, the bank approved the relevant projects on June 17 on the eve of the 22nd annual meeting of the board of governors, chaired by the Deputy Minister of Economic Development, Trade and Agriculture of Ukraine, Trade Representative of Ukraine Taras Kachka.
“Given the difficult period in the global economy caused by the crisis, the stable functioning of the Black Sea Trade and Development Bank and access to its finances are especially important. We welcome the fact that, despite the crisis, the bank continues to cooperate with projects with a high potential in public and private sectors, and support the economic development of member states,” Kachka said.
как Additional information on these projects is not yet available.Since the bank began operating in Ukraine, 47 projects have been implemented for a total of EUR738.9 million. In particular, projects are concentrated in such areas as the consumer sector, financial institutions, industry, consumer goods, utilities, telecommunications, energy, raw materials and materials.
The Black Sea Trade and Development Bank is an international organization uniting 11 states of the Organization of the Black Sea Economic Cooperation. The bank aims to promote economic cooperation, trade and cooperation of the countries of the Black Sea region.
The industrial community of Ukraine is against ordering 16 modern Mark VI patrol boats and the equipment they need for $600 million from the United States, the press service of the Ukrainian League of Industrialists and Entrepreneurs (ULIE) has said.
“The main duty of the authorities is to take care of the economic development of their own country, filling their own state budget, creating jobs at home. The orders in question only contribute to the growth of foreign budgets and stabilize the situation with employment in other states and do not help overcome crisis in our country. This is unacceptable and irresponsible,” the ULIE President, the chairman of the Anti-Crisis Council of Public Organizations, Anatoliy Kinakh, said.
In addition to ordering boats, industrialists pay attention to the purchase of imported locomotives and helicopters, which, in their opinion, could threaten serious socio-economic consequences for the whole country.
Kinakh emphasized that Ukraine has its own shipbuilding industry – highly professional production facilities, including in Mykolaiv, which are capable of building modern military boats and other small tonnage ships with a certain modernization.
“At this difficult time, the responsible government must develop both a national strategy for industrial and innovative development, and separate programs for shipbuilding, other priority areas of industry, to use all the levers to support the complex high-tech industry, starting from manufacturers’ access to credit resources, mitigating fiscal burden, changes in public procurement that would allow attracting public finances to load national producers,” he said.
Ukraine in May 2020 reduced steel production by 10.4% compared to the same period in 2019, to 1.638 million tonnes, but climbed from the 15th to 13th place in the ranking of 64 countries, the main global manufacturers of these products, compiled by the World Steel Association (Worldsteel).
In May, a drop in steel production was recorded in most countries of the top ten, except for China and Iran. At the same time, the largest decline in steel production was recorded in India, by 39.1%.
In May, the top ten steel producing countries were as follows: China (92.267 million tonnes, an increase of 4.2%), Japan (5.916 million tonnes, a drop of 31.8%), South Korea (5.387 million tonnes, 14.1% down), the Russian Federation (6 million tonnes, 4.8% down), India (5.767 million tonnes, a decrease of 39.1%), the United States (4.790 million tonnes, a drop of 36.6%), Germany (2.850 million tonnes, 18.9% down), Iran (2.350 million tonnes, an increase of 8.9%), Turkey (2.272 million tonnes, a decrease of 25.8%) and Brazil (2.188 million tonnes, a drop by 22.6%).
They are followed by Vietnam (1.949 million tonnes, more by 11.4%), Taiwan (1.730 million tonnes, 10.6% less), Ukraine (1.638 million tonnes, 10.4% less), Mexico (1.450 million tonnes, 13.2% less) and Italy (1.250 million tonnes, less by 43.6%).
In May, 64 countries produced 148.775 million tonnes of steel, which is 8.7% less than in May 2019.
