KIEV, Oct. 19 - Ukraine’s domestic consumption of rolled steel is expected to grow by 26% year-on-year to 11 million metric tons in 2007, up from about 8.8 million tons consumed in 2006, an industrial policy ministry official said Friday.

The country’s growing economy, led by booming construction and industrial modernization, spurs domestic demand for steel, allowing the country’s steelmaker to supply more steel to domestic consumers.

KYIV, Sept 18 – Ukraine's gross domestic product (GDP) growth in August 2024 compared to August of the previous year was 3.5% [±1%], which is better than the June and July figures of 1.1% and 2.7%, respectively, but lower than the April and May figures of 4.3% and 3.7%, according to preliminary assessments released by the Ministry of Economy on Wednesday.

KYIV, Sept 18 – The wheat harvest in Ukraine in 2024 amounted to 22 million tons, the Ministry of Agrarian Policy and Food agreed with producers and traders that exports will not exceed 16.2 million tons, which guarantees the availability of 6 million tons of this crop necessary for domestic consumption.

KYIV, Sept 18 – Within preparation for the heating season 2024-2025, DTEK energy holding can rely primarily on its own efforts, since external assistance, which is currently estimated at $40 million, or 10% of needs, will arrive later, said Executive Director Dmytro Sakharuk.

KYIV, Sept 18 – Nuclear regulators of Ukraine and Norway have started implementing two new joint projects in 2024, the State Nuclear Regulatory Inspectorate of Ukraine said on Wednesday.

KYIV, Sept 18 – The International Monetary Fund (IMF) confirmed to Interfax-Ukraine its decision to postpone the visit to Russia for consultations on Article IV of the statute, which caused protests from Ukraine and a number of other countries.

KYIV, Sept 18 – The International Atomic Energy Agency (IAEA) has expended its nuclear safety assistance to Ukraine as well as support for the completion of the construction of power units 3 and 4 at the Khmelnytsky Nuclear Power Plant (NPP), IAEA Director General Rafael Grossi has said on Wednesday.

KYIV, Sept 19 – Investments in the 54.6 MW Skole Wind Farm (Orovska LLC) in Lviv region, whose official presentation took place on Wednesday, amounted to approximately UAH 2.1 billion, according to Andriy Konechenkov, Chairman of the Board of the Ukrainian Wind Energy Association (UWEA).

KYIV, Sept 19 – The Board of the National Bank of Ukraine (NBU) has decided to keep its key policy rate at 13%, but from September 20, 2024, interest rates on three-month certificates of deposit and interest rates on refinancing loans will be decreased by 0.5 percentage points (p.p.) and 1 p.p., respectively.

KYIV, Sept 19 – Real gross domestic product (GDP) of Ukraine in August 2024 year-over-year decreased for the first time since March 2023, a decrease of 2.1%, while in July an increase of 4.4% was recorded, according to the assessment of the Institute for Economic Research and Policy Consulting (IER).