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price index for 62% iron fines CFR China. The highest rate will be 16% (the index above USD 180/t), and will drop to 14% for the index between USD 150/t and 180/t), 12% (between USD 120/t and 150/t), 8% (between USD 85/t and 120/t), 3% (between USD 65/t and 85/t) and finally to 0.1% (below USD 65/t), according to epravda.com.ua. Presently, the rate is 12% for a price index for 58% iron fines CFR China above USD 70/t and 11% otherwise. The Ukrainian parliament might consider the law draft stipulating the new royalty regime in May, epravda.com.ua said, adding that the new royalty payment regime might become effective on July 1, 2021.
9.1.12 Other sector news
Ukraine will supply gas turbine engines for Turkey’s new ATAK-II combat helicopters, reported the Ukrainian Military Portal. The 11-ton helicopters will be twice as large as current attack helicopters now produced by Turkey. Temel Kotil, General Director of Turkish Aerospace Industries, confirmed the contract signing.
68 UKRAINE Country Report May 2021 www.intellinews.com