Ukraine Imposes Coking-Coal Import Quota to Aid Local Producers

Ukraine imposed a quota on imports of coking coal, the variety of the commodity used in steelmaking, in an effort to support local producers, Energy Minister Eduard Stavytskyi said.

Inbound shipments climbed to 13.5 million metric tons in 2012 from 11.5 million tons in the prior year and 8 million tons in 2009, he told reporters yesterday.

The government approved the limit on March 13, Kommersant- Ukraine reported, citing Serhiy Prytomanov, head of the national federation of steelmakers. The quota was fixed at 10.2 million tons for this year and will increase costs for producing steel, the newspaper cited him as saying.

To contact the reporter on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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