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Minister: Prices for Ukrzaliznytsia's freight shipment to increase by 70%.

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The Infrastructure Ministry supported the increase of tariffs for cargo shipments through Ukraine's state-owned Ukrzaliznytsia rail monopolist. "Even with the increase, Ukrainian tariffs remain lower than in the EU,” wrote Infrastructure Minister Oleksandr Kubrakov.

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The Kyiv Independent news desk

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The EU's new steel allocation, set to enter into force on July 1, was introduced in response to global steel overcapacity, which has been hurting EU producers. The measure aims to restrict tariff-free steel imports to 18.3 million metric tons per year, a 47% reduction.

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