On August 1, Turkish President Recep Tayyip Erdogan signed Law No. 7523 (dated July 28, 2024) “On Approval of the Free Trade Agreement between the Government of the Republic of Turkey and the Government of Ukraine and Authorization of the President to Directly Approve Amendments to the Annexes to the Agreement”.
The overall volume of railway transportation of rolled products, semi-finished products, pipes, pig iron and scrap of ferrous metals increased by 1% to 900,000 t in Ukraine in June compared with May. In particular, exports totaled 445,700 t of the commodities (up 5% month-on-month), the domestic supplies averaged 381,400 t (down 6% month-on-month)
In June, the Ukrainian company Interpipe completed the shipment of a trial batch of special thick-walled pipes to Australia.
Railway transportation of rolled products, semi-finished products, pipes, pig iron and ferrous metal scrap increased by 6% to 900,000 t in Ukraine in May compared with April. In particular, a total of 424,700 t of goods were delivered to foreign buyers (down 1% month-on-month), some 407,100 t were carried to the domestic market (up…… Read more »
According to the White House proclamation of 31 May, the suspension of the 25% duty on imports of Ukrainian steel products under Section 232 of the US Trade Expansion Act was extended for another year. This decision also applies to steel products from Ukraine that are further processed in EU member states
The EU Council has approved the extension of the duty-free trade regime for Ukraine for another year. The suspension of import duties and quotas for Ukrainian products will be effective from June 6 this year until June 5, 2025.