In January-September this year, Ukrainian enterprises reduced their consumption of rolled steel by 6.92% year-on-year to 2.425 million tons.
According to a press release from Ukrmetallurgprom, 927 thousand tons, or 38.23% of the domestic rolled metal consumption market, were imported during this period.
According to Ukrmetallurgprom, in January-September 2014, steel companies produced 4.821 million tons of rolled metal products (122.7% compared to the same period in 2023). According to the State Customs Service of Ukraine, about 3.323 million tons, or 68.9%, were exported. In January-September 2013, the share of exports amounted to 54.5% (2.142 million tons against a total rolled steel production of 3.929 million tons).
The share of semi-finished products in export deliveries in January-September 2024 amounted to 46.98%, which is almost the same as in January-September 2023 (45.10%). The share of flat products in export deliveries in 9M2024 is slightly higher than in January-September 2023 (39.03% and 36.65%, respectively). The share of long products is significantly lower than in January-September 2023 (13.99% in 2024 vs. 18.25% in 2023).
“In the first nine months of 2024, the domestic market capacity amounted to 2.425 million tons of rolled steel, of which 927 thousand tons, or 38.23%, were imported. In January-September 2023, the domestic market capacity amounted to 2 million 605.4 thousand tons, of which 818.4 thousand tons, or 31.41%, were imported. Thus, in the first nine months of 2024, there was a decrease in the domestic market capacity by 6.92% compared to the first nine months of 2023, with a simultaneous increase in the share of the import component by 6.82%,” the press release states.
The structure of imports in January-September 2024 is still characterized by a significant dominance of flat products over long products (79.36% and 19.19%, respectively). In January-September 2023, the dominance of flat products over long products was also significant (80.78% and 18.29%, respectively).
According to the State Customs Service, the main export markets for Ukrainian rolled steel products in January-September 2024 were the European Union (69.6%), Africa (11.7%) and the rest of Europe (7.6%).
Other European countries ranked first among metallurgical importers in the period under review (49.6%), followed by the EU-27 (28.2%), and Asia (20.6%).
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.
The Ministry of Commerce of China confirmed the intention to increase duties on imports of cars with large engines. Earlier it became known that Beijing is considering such a possibility along with additional restrictions on supplies of whiskey from Europe to the country.
The representative of the Chinese Ministry of Commerce He Yadong said during a press conference on Thursday that there are significant differences between China and the EU regarding the recent decision of the European Commission to impose additional duties on imports of Chinese electric cars to Europe. Beijing has invited EU representatives to visit China for further talks, he said.
According to He Yadong, the Ministry of Commerce is considering the possibility of increasing duties on imports of high-volume gasoline-powered cars into China and will make a decision after studying relevant factors.
If Beijing makes such a decision, German automakers will be the most seriously affected, said Dongshu Cui, president of the China Passenger Car Association (CPCA).
Total imports of cars with engines larger than 2.5 liters from the EU fell 13% to $10.2 billion in the first eight months of this year, CPCA data showed.
17 Ukrainian universities have been included in the Times Higher Education World University Rankings 2025, the Ministry of Education and Science of Ukraine reports.
“Within the framework of the World Academic Summit, the British rating agency Times Higher Education has published the results of one of the most influential university rankings in the world. A total of 2095 institutions from 115 countries were evaluated. This year, a record number of Ukrainian universities were included in the ranking – 17 universities from Dnipro, Ivano-Frankivsk, Kyiv, Lviv, Odesa, Sumy, Uzhhorod, Kharkiv, and Chernivtsi. Another record is the number of Ukrainian universities that have applied to participate in the ranking – 55, which is a third more than last year,” the ministry said in a statement.
It is noted that Sumy State University took the highest position among Ukrainian universities, joining the group of universities that took places in the range of 801-1000 in the world ranking.
According to the report, all other Ukrainian institutions are in the 1501+ group.
In particular, the Bogomolets National Medical University, Mechnikov Odesa National University, and Stefanyk Precarpathian National University appeared in the ranking table for the first time.
The Ministry of Education said that according to the Times Higher Education World University Rankings 2025 methodology, universities were evaluated by 18 performance indicators grouped into five generalized indicators: educational activities, research environment, research quality, cooperation with industry, and international openness.
“In total, Times Higher Education analysts analyzed 157 million citations and 18 million scientific publications from the Scopus database, and interviewed more than 93 thousand scientists from around the world during their own reputation surveys,” the ministry added.
As reported, last year, six Ukrainian universities were included in the top thousand most sustainable universities in the annual Impact Rankings by the British rating agency Times Higher Education.
On October 16, Gas Supply Company Naftogaz Trading LLC announced its intention to enter into a voluntary health insurance agreement with Transmagistral Insurance Company for 100 employees.
According to the Prozorro electronic public procurement system, Transmagistral’s offer amounted to UAH 2.368 million, against the expected cost of UAH 3.117 million.
The tender was also attended by insurance companies Ultra Alliance and Interexpress with bids of UAH 2.383 million each, and Krayina with a bid of UAH 3.028 million.
As reported, the tender was announced on September 5. On September 9, Ultra Alliance Insurance Company filed a complaint with the Antimonopoly Committee of Ukraine, which on September 18 ordered the tender organizer to amend the tender documents.
Transmagistral Insurance Company, registered in 2003, specializes in providing risk insurance services.
Biosphere Corporation, one of Ukraine’s largest household goods companies, has re-launched its business in Uzbekistan, according to the company’s Facebook page.
“Even in these difficult times, when many companies face challenges that seem insurmountable, Biosphere continues to step forward with confidence… Today we are sharing extremely important news: after a long pause, we have re-launched our business in Uzbekistan,” the statement reads.
According to the company, it has been only a week since the first shipment, but the eight largest regions of Uzbekistan have already been covered.
“We are expanding our presence in Central Asia to make Biosphere’s business even more sustainable and reliable. Geographical diversification is our strategic decision to ensure stability and prosperity in an ever-changing world,” the statement said.
According to Biosphere’s website, it began exporting its products to Uzbekistan in 2020.
In June 2022, in an interview with Interfax-Ukraine, the owner and CEO of the corporation, Andriy Zdesenko, spoke about the presence of large orders in Kazakhstan and Uzbekistan, but noted the existence of logistical and other problems with the supply of products.
Biosphere Corporation has been operating in Ukraine for over 20 years. Its products are represented in the markets of 30 countries in Europe and Asia. The product portfolio includes more than 2 thousand items under 13 trademarks: Freken BOK, Smile, Selpak, Vortex, Novita, PRO service, and LaiKit.
The corporation’s capacities are represented by four plants with a total production area of 35 thousand square meters in Dnipropetrovska, Kyivska and Khmelnytska regions, as well as logistics complexes with an area of 30 thousand square meters. Together with the French Groupe Lemoine, Biosphere also owns a plant in Estonia for the production of cotton products with an area of 8.5 thousand square meters.
Number of unemployed people registered in public employment service as of 30.06.2024 (in thousands)
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