Business news from Ukraine

UKRAINE IN AUGUST USES QUOTAS FOR PORK IMPORTS FROM EUROPEAN UNION

Ukrainian importers in January-August fully used quotas for duty-free import of pork from the European Union, further import of chilled pork will be subject to a 12% duty, and frozen pork – 10%, this was reported on the website of the Pig Breeders of Ukraine association. “As of September 1, some 20,000 tonnes of chilled and frozen pork from the EU countries were brought to Ukraine. This corresponds to the quota for duty-free supply of pork from the European Union countries established under the economic part of the Association Agreement. Since these limits have been used this year, each next kilogram of European chilled pork will cost importers 12% more due to the duty, and frozen pork meat will rise in price by 10%,” the organization said.
According to the association, there has been some recovery in import activity this year, which confirms the use of the pork import quota in August, while in previous years the import quota was used in November-December.
It clarified that Ukrainian importers have similar agreements on duty-free supplies of up to 14,400 tonnes of pork from Canada (the quota was used by 9%) and up to 1,700 tonnes from the UK (no deliveries from this country were made in 2021).
“If the import of raw meat from these countries becomes economically attractive for the importer, the supply of frozen pork is unlikely to have a significant impact on the domestic pork market. In addition, the expected changes in exchange rates in the fall will also increase the entry barrier for imported raw materials,” the association concluded.

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UKRAINE CUTS IMPORTS OF MANGANESE ORES

Ukraine in January-July this year reduced imports of manganese ore and concentrate in quantity terms by 38% compared to the same period last year, to 207,225 tonnes.
According to statistics released by the State Customs Service, in monetary terms, imports of manganese ore and concentrate decreased by 43.7% over the period, to $25.139 million.
At the same time, manganese ore and concentrate were imported from Ghana (99.85% of supplies in monetary terms), Belgium (0.11%) and the Netherlands (0.02%).
In January-July 2021, Ukraine exported 434 tonnes of manganese ore and concentrate to Poland (90.2%) and Russia (9.8%) for $51,000, while in the same period last year it exported 23,846 tonnes of manganese ore and concentrate for $3.447 million.

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THAILAND WILL KEEP ANTIDUMPING DUTIES ON IMPORTS OF HOT-ROLLED STEEL FROM 14 COUNTRIES

The Department of Foreign Trade of Thailand has announced the final decision to extend for another five years antidumping duties on the import of certain types of hot-rolled steel from 14 countries, including Ukraine with a slight decrease.
According to Steel Orbis, this decision was made following the revision of antidumping restrictions on imports of these products from Japan, South Africa, Russia, Kazakhstan, India, South Korea, Venezuela, Argentina, Ukraine, Algeria, Indonesia, Slovakia, Romania and Taiwan.
The size of the duties is from 0% to 128.11%. At the same time, duties on deliveries from Ukraine will amount to 30.45%-67.69%, from the Russian Federation – 24.2%-35.17%, Kazakhstan – 68.11%-109.25%.
The duty revision procedure was launched in May 2020 following a complaint from local manufacturers.
According to the information of the Ministry of Economy of Ukraine, at present there are duties on the supply of hot-rolled products in coils and not in coils to Thailand produced by Illich steel mill (Metinvest Group) – 32.17%, other manufacturers – 71.52%.

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UKRAINE IMPORTS 26,200 TONNES OF RAW CANE SUGAR

Ukraine, as of May 5, imported 26,200 tonnes of raw cane sugar imported within the tariff quota of 260,000 tonnes, the Ministry of Economic Development, Trade and Agriculture of Ukraine reported on the website, citing data from the State Customs Service.
The agency clarified that the average cost of imported raw materials will be $480 per tonne, and the estimated cost of processed cane sugar, taking into account logistics costs and after paying mandatory payments, will be UAH 22,000-23,000 per tonne on the Ukrainian market. According to the Ministry of Economy, as of May 5, importers were issued licenses to import raw sugar from cane into Ukraine with a total volume of 170,000 tonnes.
The ministry specified that since the beginning of the 2020/2021 marketing year, imports of white sugar amounted to 67,000 tonnes with an average cost of $512 per tonne.

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UKRAINE CUTS IMPORTS OF PETROLEUM PRODUCTS BY 4.8% IN 2020

Ukraine in 2020 imported 8.023 million tonnes of petroleum products (according to foreign trade activity code 2710, petrol, diesel fuel, fuel oil, jet fuel, etc.), which is 4.8% less than in the same period of 2019.
According to the State Fiscal Service, petroleum products were imported in the amount of $3.397 billion, which is 36.1% less than in 2019.
Fuel imports from Russia amounted to $1.227 billion (a share of 36.13%), Belarus to $1.217 billion (35.81%), Lithuania to $395.84 million (11.65%), from other countries to $557.174 million (16.4%).
In addition, in 2020, Ukraine exported 298,745 tonnes (43.9% less compared to 2019) of petroleum products for a total amount of $128.205 million (52% less). The cost of fuel delivered to contractors from Latvia amounted to $25.809 million, Hungary some $10.559 million, Romania some $10.029 million, and from other countries some $81.808 million.

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UKRAINE CUTS IMPORTS OF COKING COAL BY 6.4%, SCRAP PROCUREMENT BY 4% IN 2020

Coke and chemical plants of Ukraine in 2020 imported 9.67 million tonnes of raw coking coal and coking coal concentrate, which is 6.4% less than in 2019.
According to the report of the Ukrmetalurgprom association on Monday, the supply of Ukrainian coal last year amounted to 3.62 million tonnes, which is 3.5% more than in 2019.
In general, in 2020, Ukrainian coke and chemical plants received 13.29 million tonnes of coking coal, which is 3.9% less compared to 2019. At the same time, the share of imported coal in the total supply amounted to 72.8% versus 74.77% in 2019.
Some 8.18 million tonnes of coke (92.7% compared to 2019) were supplied to Ukrainian metallurgical enterprises, including 8.03 million tonnes of Ukrainian origin (95.2%), and some 150,000 tonnes of imported (38.6%). The share of imported coke in the total supply amounted to 1.83% versus 4.41% in 2019.
In addition, over the past year, 2.929 million tonnes of scrap metal were procured (96% compared to 2019), of which 2.893 million tonnes (96.1% compared to 2019) were supplied to Ukrainian consumers as imported. Exports of scrap metal amounted to 36,000 tonnes (85.1%).
It is noted that the provision of metallurgical enterprises with Ukrainian iron ore raw materials for the reporting period was carried out in accordance with the needs of metallurgical production. The iron ore was not imported. Iron ore exports amounted to 46.23 million tonnes in 2020 (some 116% compared to 2019).
According to the updated data of Ukrmetalurgprom, in 2020 enterprises produced 31.91 million tonnes of sinter (103.3% over the same period in 2019), some 9.67 million tonnes of gross coke (96.1%), some 20.423 million tonnes of cast iron (101.8%), some 20.616 million tonnes of steel (98.9%), some 18.427 million tonnes of rolled products (101.2%), and some 850,000 tonnes of pipe products (83, 8%).
As of January 15, 2021, of the main operating production facilities, 17 out of 21 blast furnaces, seven out of eight open-hearth furnaces, 12 out of 16 converters, four out of 15 electric furnaces and 16 out of 17 continuous casting machines are in operation.

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