Production results of MMC of Ukraine for 8 months 2020

The results of the production activity of the MMC of Ukraine for 8 months of 2020 indicate that the region is still in a difficult situation caused by the crisis in the global steel market, intensified by the Coronavirus pandemic.

The main reasons for the decline in the production of the main types of metallurgical products, along with the global quarantine, are still state protectionism in traditional Ukrainian metallurgy export countries, lower prices and reduced demand for metal products, the presence of excess global steelmaking capacities in the amount of about 440 million tons per year. as well as the invariable “tariff lawlessness” on the part of the national state monopolists “JSC” Ukrzaliznytsia “, State Enterprise” Administration of the seaports of Ukraine “, Naftogaz, etc.) and a number of destructive legislative and regulatory acts), which were introduced by the Ukrainian government.

All this is acutely felt during the period of the global crisis, when the domestic metallurgy needs government support more than ever, first of all, in ensuring a stable and favorable tariff and tax field, providing high-quality service from state transport companies, creating conditions for expanding investments in the real sector. and the associated growth in metal consumption, as well as protecting the interests of Ukrainian producers in foreign and domestic markets.

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