Business news from Ukraine

Business news from Ukraine

UKRAINE INTRODUCES ANTIDUMPING DUTIES ON IMPORTS OF STEEL BARS

The Interdepartmental Commission on International Trade has decided to introduce antidumping duties on imports of bars made of carbon and other alloy steel originated from Belarus and Moldova. According to a report of the commission published in the Uriadovy Kurier government’s newspaper on December 6, the final antidumping measures are introduced for five years.
Zero final antidumping duties are imposed on OJSC Belarusian Metallurgical Plant – the managing company of Belarusian Metallurgical Company holding (OJSC BMZ) and CJSC BMZ-Baltic Trading House (Lithuania), an exporter of carbon and alloy steel bars manufactured by OJSC BMZ.
For other manufacturers and exporters of goods originated from Belarus, a duty of 31.08% is introduced.
For OJSC Moldavian Metallurgical Plant (MMZ, Moldova), the duty is set at 13.80%, for other manufacturers and exporters of goods originating from Moldova – 35.37%.
The final antidumping duty is charged as a percentage of the customs value of the goods.
The decision of the commission comes into force 30 days from the date of its publication.

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UKRAINE IMPORTS GAS FOR $1.8 BLN IN JAN-SEPT

Ukraine imported 9.183 billion cubic meters (bcm) of natural gas for $1.801 billion in January-September 2019, including 1.481 bcm for $264.725 million in September, the State Statistics Service has said. The average price of gas imported by the country in September 2019 was $178.8 per 1,000 cubic meters, up 12.8% from $158.5 in August.
The main suppliers in January-September 2019 were companies from Switzerland with 4.05 bcm for $769.631 million, Germany – 2.827 bcm for $546.666 million, Czech Republic – 478.645 mcm for $91.23 million, Hungary – 462.888 mcm for $88.617 million, Poland – 342.778 mcm for $71.695 million, France – 356.617 mcm for $69.983 million, Austria – 267.171 mcm for $72.437 million, the U.K. – 154,599 mcm for $38.112 million, Luxembourg – 133.663 mcm for $32.256 million, Slovakia – 92.011 mcm for $16.215 million, Italy – 16.893 mcm for $3.487 million and Bulgaria – 1.4 mcm for $0.255 million.
Gas was not imported from Russia for the indicated period.
Ukraine imported 10.39 bcm for $3.12 billion in 2018.

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UKRAINE REDUCES COAL IMPORTS IN JAN-OCT

Ukraine in January-October 2019 reduced import of coal and anthracite (foreign trade code 2701) by 0.6% (by 100,450 tonnes) compared to the same period in 2018, to 17.325 million tonnes. According to the State Fiscal Service, coal was imported for $2.365 billion, which is 3.9% less than in January-October 2018.
At the same time, coal worth $1.382 billion (the share in imports is 58.44%) was received from Russia, while the United States supplied coal for $727.602 million (30.77%), Kazakhstan for $106.989 million (4.52%), and other countries for $148.358 million (6.27%).
In addition, Ukraine for the first ten months of 2019 exported 13,318 tonnes of coal and anthracite worth $527,000, in particular to Moldova for $395,000, to Hungary for $100,000, and Poland for $32,000.

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UKRAINE REDUCES COAL IMPORTS BY 4.4%

Ukraine in January-September 2019 reduced import of coal and anthracite (foreign trade code 2701) by 4.4% (by 689,521 tonnes) compared to the same period in 2018, to 14.951 million tonnes.
According to the State Fiscal Service, coal was imported for $2.089 billion, which is 4.7% less than in January-September 2018.
At the same time, coal worth $1.218 billion (the share in imports is 58.27%) was received from Russia, while the United States supplied coal for $667.294 million (31.94%), Kazakhstan for $94.992 million (4.55%), and other countries for $109.626 million (5.25%).
In addition, Ukraine for the first nine months of 2019 exported 13,157 tonnes of coal and anthracite worth $508,000, in particular to Moldova for $380,000, to Hungary for $96,000, and Poland for $32,000.

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PARLIAMENT PERMITS ELECTRICITY IMPORTS FROM UKRAINE TO BELARUS

Verkhovna Rada of Ukraine has introduced amendments into Ukrainian law “On electricity power market” permitting to buy electric power under bilateral agreements of the countries, which are not the members of the Europe’s Energy Society.
A total of 265 parliamentarians voted for the bill No.1084 “On amendments into some legislative acts of Ukraine on nuclear power use” at a plenary sitting.
MP Andriy Gerus introduced an amendment to the law on electric power market in Part 8, of Article 67 that permits to sell electric power imported from the states non-members of the Energy Society on the day-ahead markets and on the balancing market.

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UKRAINE INCREASES IMPORTS OF COKING COAL BY 7%

Coke plants of Ukraine imported 7.19 million tonnes of coking coal and coal concentrate for coking in January-August 2019, which is 7% less than in January-August 2018. According to the Ukrmetallurgprom association, in February 2019, 760,000 tonnes was imported (780,000 tonnes in July 2019).

Ukrainian coal in the amount of 2.26 million was shipped to the plants in January-August 2019, which is 32% more compared with January-August 2018. In August, 430 tonnes were delivered (110% compared with July).

In January-August 2019, Ukrainian coke plants received 9.45 million tonnes of coking coal, which is the same as in January-August 2018. The share of imported coal was 76.1%. In August 2019, 1.19 million tonnes of coking coal was shipped (103% compared with July 2019).

Steel enterprises in Ukraine received 6.16 million tonnes of coke in January-August 2019 (97% compared with January-August 2018), including 5.8 million tonnes of Ukrainian coke and 0.36 million imported coke. The share of imported coke of total supplies was 5.8%.

In August 2019, steel enterprises received 753,000 tonnes of coke (106% compared with July), including 733,000 tonnes of Ukrainian coke and 20,000 tonnes of imported coke.

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