Ukraine rail tariff hike threatens 300,000 jobs and steel sector, union says

Ukraine rail tariff hike threatens 300,000 jobs and steel sector, union says

A freight tariff increase proposed by ‌Ukraine's state railway could reduce GDP, lead to the permanent closure of some facilities and deprive 300,000 people of jobs, the Ukrainian steelmakers' union UkrMetalurgProm said on Tuesday.

Steel Sector Employment Faces New Pressure From Ukraine Rail Tariff Debate

KYIV, Ukraine, June 9 – Brussels Morning Newspaper — Steel sector employment has become the center of a growing economic debate after industry groups and labor unions warned that a proposed increase in rail freight tariffs could place significant pressure on Ukraine’s industrial workforce. Union representatives argue that rising transportation costs could affect competitiveness and potentially threaten hundreds […]