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received from the sale of excess volumes of produced electricity to the electricity supplier. These funds can be used during the year to pay for their own consumption from the power grid. This approach benefits those who want to produce energy, not for sale, but for their energy autonomy. Not only households will have the right to use this model, but also non-household consumers - enterprises, institutions, and organizations.
9.1.11 Metallurgy & mining sector news
Ukraine lost its position in the ranking of steel producers due to the war.
Due to the Russian invasion, Ukraine’s steel production was reduced by almost 60%. In the first half of the year, Ukraine produced only 4.5 million tons, last year, during the same period, it was nearly 11 million tons, writes Ukrmetalurgprom. As a result of the decline, Ukraine dropped out of the top twenty steel producers, dropping behind Egypt and Saudi Arabia. Cast iron production in Ukraine also decreased by almost 60%. With a volume of 4.5 million tons, Ukraine ranks 13th among 40 producing countries.
Russia steals steel intended for Great Britain. Russia has stolen steel from factories and ports in Ukraine, part of which is intended for customers in Great Britain. The losses are estimated at $600M, the general director of Metinvest stated, as reported by the BBC. Ryzhenkov said that public and company sources reported that the steel was shipped to Russia and sold in their domestic market or to countries in Africa and Asia. He added that the company is documenting as many of the thefts as possible and is preparing to file a lawsuit soon.
77 UKRAINE Country Report XXXX 2018 www.intellinews.com